Americans approve of the new "forever" stamp

Americans apparently think the new “forever” stamp is a good idea.

Postmaster General John Potter says 1.2 billion of them have been sold since April. And he says he expects sales to jump in the months before any new rate increase.

The stamps will always be good for first-class postage, no matter what happens to postal rates.

Americans may be able to use the “forever stamp” to lock-in what they pay to send a letter, but the post office can’t lock-in its own expenses. And Potter says the biggest change he’s dealing with is a new law that limits rate increases to the rate of inflation.

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