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An Anonymous Coward writes:

Looks like those Forever stamps may not have been so great an inflation hedge [typepad.com] after all. The price of first class US stamps is scheduled to fall [businessinsider.com] to 47 cents (was: 49 cents) on April 10, unless Congress acts. Forty seven cents was the price of a first class stamp in 2013, when Congress passed a law allowing the US Postal Service to add a temporary 4.3 percent surcharge to reduce their huge operating losses, blamed in part on the Great Recession. That authority is about to expire.

This would be the first decrease in the price of first class US stamps since 1919. Unfortunately, the USPS is lobbying furiously Congress for an extension of the surcharge. Postmaster General Megan Brennan: "Removing the surcharge and reducing our prices is an irrational outcome considering the Postal Service’s precarious financial condition.”

But Wikipedia has already been updated [wikipedia.org], optimistically, with the new rate.

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