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Postal Service woes: First-class stamps may climb to 46 cents

Postage rates will increase in 2011, with first-class stamps rising from 44 cents to 46 cents starting in January, pending approval by the Postal Regulatory Commission, the US Postal Service announced Tuesday. It is the latest in a series of cost-cutting, revenue-raising moves the USPS has made as it confronts plummeting service, out-of-control health-care and pension costs, and a massive budget …

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