The U.S. Postal Service has raised the price of a first class stamp to 49 cents as of Sunday. It's the biggest price hike from the postal service in more than a decade.
The increase that took effect on Sunday raised the price of a first class stamp three cents. The price of a postcard stamp also increased by a penny. The U.S. Postal Service says when it comes to these price increases, it had no choice.
"The Postal Service is not tax supported," explained Richard Watkins, a USPS spokesperson.
