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USPS Reports Quarterly Loss OF $562M, Wants To Raise Stamp Prices

MINNEAPOLIS (WCCO) -- You may be paying more for stamps after more bad news for the U.S. Postal service. The postal service has reported a quarterly loss of $562 million.

That's despite growth in package delivery.

People still aren't mailing as much as they used to and the USPS has expensive health care obligations.

So, they want to raise stamps by a penny or more.

EMERGENCY COMPONENT - LOCAL

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