![U.S. Postal Service Seeks to Raise the Price of Stamps](http://townsquare.media/site/76/files/2018/10/87066591-594x594.jpg?w=980&q=75)
U.S. Postal Service Seeks to Raise the Price of Stamps
The price of stamps could be going up soon. In fact, the U.S. Postal Service has requested a five cent increase, which would be the single biggest price jump in history.
Today, the U.S. Postal Service requested to raise the price of stamps from fifty cents to fifty-five cents. It's no secret that the agency, because of competition from email and online advertising campaigns, has been dealing with revenue issues for years and those issues continue to mount. But stats show a drastic reduction in revenue from year to year. In 2015, the U.S. Postal Service reported a revenue of $28.4 billion dollars. Last year, that figured dropped nearly three billion dollars. Yes! A three billion dollar decrease in revenue in just two years.
To combat that, the board of governors have requested what would be, if approved, the biggest price increase ever. The proposal to increase the cost of stamps from 50 cents to 55 cents must be approved by the Postal Regulatory Commission.
The price of stamps rose from 49 cents to 50 cents in January of 2018.
More From WBKR-FM
![Check the Freezer, Select Sara Lee Pecan Pies Being Recalled](http://townsquare.media/site/76/files/2021/05/Photo-by-Levi-Guzman-on-Unsplash.jpg?w=980&q=75)
![Will Kentucky Be Affected by Colonial Pipeline Cyber Hack?](http://townsquare.media/site/76/files/2021/05/gas-pumps.jpg?w=980&q=75)
![Planning to Fly Later This Year? Good News, You Won’t Need a Real ID Until 2023 Now](http://townsquare.media/site/72/files/2021/04/RS3679_186960114.jpg?w=980&q=75)
![You Can Unlock Your iPhone With Your Face While Wearing A Mask Now](http://townsquare.media/site/71/files/2021/04/GettyImages-1208762661.jpg?w=980&q=75)
![What’s Cookin’?: Kelly’s Very Berry Salsa [Recipe]](http://townsquare.media/site/76/files/2021/04/BRIAN-MCCALL.jpg?w=980&q=75)
![The U.S. Figure Skating Championships are Coming to Nashville](http://townsquare.media/site/76/files/2021/04/gettyimages-902025736-594x594.jpg?w=980&q=75)
![FBI Seeks Info About Two Truckers Accused in Kidnapping/Ransom Cases](http://townsquare.media/site/72/files/2021/04/Say-Youll-Haunt-Me-Stone-Sour-1.jpg?w=980&q=75)
![The Last Cruise: What Would You Do If You Got Trapped on a Cruise Ship?](http://townsquare.media/site/76/files/2021/04/gettyimages-1199763667-594x594.jpg?w=980&q=75)
![Kentucky Has the Highest Rate of Child Abuse in the Country . . . Again](http://townsquare.media/site/76/files/2021/04/Kat-J.jpg?w=980&q=75)