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USPS warns: We may hike prices

USPS warns: We may hike prices
Posted May 10th, 2013 @ 11:31am by Kevin Spak, Newser Staff

(NEWSER– The USPS board intends to "evaluate" the possibility of hiking all of its postage rates, its head said today, admitting, "We are loathe to pursue this approach," according to CNN. But the postal service has been backed into a corner by Congress' refusal to allow it to stop Saturday mail delivery and a 2006 law requiring it to prefund health care benefits for future retirees.

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