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U.S. Post Office Considering 5 Cent Increase In 1st Class Stamp

BALTIMORE (WJZ) — The postal service is considering a historic price hike on stamps.

It has proposed raising the price of one-ounce letters from 50 to 55 cents.

It would be the biggest price jump on stamps in postal service history.

The agency is facing pressure from the Trump administration to fix a revenue shortfall.

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