If approved, new prices would go into effect Jan. 2.
The Postal Service typically is limited to rate increases of no more than the rate of inflation, which stood at 0.9% for the 12 months ended in May. In requesting increases greater than that, the Postal Service cited its dire economic condition; in its most recent financial statement, the service reported a net loss in May of $642 million, and a loss of $2.9 billion for the first eight months of its fiscal year.
Under the proposal, first-class postage would rise from 44 cents per piece to 46 cents.
The Direct Marketing Association, the Magazine Publishers of America and the Affordable Mail Alliance, a group of businesses and nonprofits, among other business and marketing groups, have urged the PRC to reject the rate hike, with the publishers group threatening a lawsuit.