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Postal Service Eyes Another Stamp Price Increase

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(credit: Justin Sullivan/Getty Images)

(credit: Justin Sullivan/Getty Images)

MINNEAPOLIS (WCCO) — The financially strapped U.S. Postal Service wants to raise stamp prices again.

It could soon cost 49 cents to mail a letter.

The post office said the 3 cent price hike is a last resort to deal with extreme financial challenges.

If approved, the increase would take effect Jan. 26.

Forever stamps bought before the increase would still be good.

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