Postal stamp price hike will fund postal service for two more weeks

…let’s do the math here:

$16 billion annual loss offset by a 1 cent increase to 73.5 billion pieces of mail, that amounts to… $735 million. This plan should buy the USPS… two weeks.

In other words instead of running out of cash by September 30, 2013, the USPS will be money free on October 15.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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