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Quick news: Postage stamp increase takes effect Jan. 26

The Postal Regulation Committee voted to approve a temporary increase in postage stamp prices from 46 to 49 cents as well as a 6 percent increase on all first-class mail. The price hike will take effect Jan. 26 and is expected to last approximately two years to help make up part of the $2.8 billion in lost revenue from the 2008-09 economic downturn.

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