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July 2, 2008 6:33 PM

Midnight Madness

(CBS)
Seth Doane is a CBS News correspondent based in New York.
“I’m not eating that much,” Maranatha Mays told me, because “my kids have to eat before I do.”

That’s a choice that more and more Americans who depend on food stamps have to make as the costs of the basics go up – while their benefits stay the same. Mays, who depends on food stamps, hasn’t been able to shop for groceries for about two weeks.

Food stamps don’t stretch as far as they used to as the cost of groceries go up. By the end of the month, some shoppers at One Stop Foods on Chicago’s south side told us, they are getting hungry.

I asked shopper Michael Jordan, a home health aide, how long his food stamps lasted his family. “Out of the month … about three weeks,” Jordan said.

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food stamps ,
hard times ,
seth doane
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Field Notes
May 12, 2008 5:33 PM

Katie Couric's Notebook: "Stampflation"

Today, the cost of a first class stamp goes up a penny, to 42 cents.

Some of us can still remember when mailing a letter cost only nickel ... that was until 1968.

Are stamps destined to stick around? For more, just click the monitor.
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katie couric ,
notebook ,
stamps
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Katie Couric's Notebook
March 16, 2007 12:32 PM

May The Postage Be With You

(20TH CENTURY FOX)
Lloyd de Vries is a producer for CBSNews.com and a passionate philatelist.
The Postal Service confirms something I reported earlier this week: that there will be some sort of "Star Wars" stamp or stamps later this year, but a spokeswoman wouldn't provide any more information, other than to say that, "the image will be unveiled the 28th."

Since the Postal Service is awaiting its board's decision on new rates, and that decision is expected before the end of the month, that makes it likely this issue will be part of the upcoming rate hike, which is penciled in for mid-May.

So that might mean the Forever stamp will have a "Star Wars" theme, or perhaps there will be two "Star Wars" stamps, for the new Priority and Express Mail rates.

And if that's the case, expect to pay nearly $5 or more than $16 for them, respectively.
Tags:
star wars ,
stamp ,
postage
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Field Notes
February 26, 2007 2:08 PM

Licking The Postage Problem

(AP)
Lloyd De Vries is a producer for CBSNews.com and a philatelist. (Look it up.)
It's getting a lot of play, but today's postal rates story is just an interim measure.

The Postal Service requested a rate hike last May, when gas prices were soaring. The Postal Regulatory Commission takes 9-10 months to make its recommendations. This one took almost the full 10.

The Postal Service needs about two months to consider the recommendations and then implement them, issuing new stamps and educating its employees. Its Board of Governors won't make a decision at least until March 8. So that puts the next rate hike sometime in mid-May, and everyone has been expecting it.

In fact, most of this year's new postage stamps have been pushed off until after that date. Only stamps with a definite date tie-in (Ella Fitzgerald for Black History Month, Love and Kisses for Valentine's Day) and two others will be issued before then. (The Oklahoma centennial commission requested that the statehood stamp be issued early in the year, and the Henry Wadsworth Longfellow stamp will be issued at a stamp collecting show the USPS co-sponsors.)

No design or theme has been announced for the Forever stamp, which would be valid for mailing a letter even if rates go up. While the Postal Service might lose money on customers who stock up on the issue and hold it past subsequent rate changes, it will make money on stamps purchased but not immediately used, as well as not having to issue as many rate-change stamps.

The U.S. already has something of a "forever" stamp -- a stamp that, once purchased, is good for mailing a letter, even if rates go up.

The Breast Cancer Research charity stamp was issued in 1998 for a two-year period, and it's still around. Part of the price of this stamp goes to charity. It's already raised more than $53 million, and its price has been increased several times. Every time the stamp is due to expire, Sen. Diane Feinstein (D-Calif.) moves to extend it.

Right now, it costs 45 cents, or 6 cents more than the current first-class letter rate. When postal rates go up later this year, as is expected, the Breast Cancer Research stamp will go up another dime, to 55 cents.

If it was purchased at a cheaper price, customers are supposed to pay the difference when they use it to mail a letter. But there's really no way to know what was paid.
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stamp
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Field Notes

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