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Post Office Approves Extra Rate Hike on Christmas Eve

As feared , the U.S. Postal Service passed 4.3 percent exigent rate increase on Christmas Eve, delivering a lump of goal to magazines, newspapers and direct mailers. The Postal Regulatory Commission voted 2-1 for the increase on top of the annual postal rate that is capped by the consumer price index, making it the largest postal hike in more than a decade. Stamps for first-class letters will go …

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