If the cost of a stamp goes up 4 cents next year, I may have to look into it.
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The cost of mailing a first-class letter could increase by four cents or more.
Postmaster General John Potter Tuesday(03/23) warned the increase could go that high in 2006 unless Congress eases restrictions on how the agency operates.
He's asking Congress to help the agency become more flexible in responding to market conditions and for funds to cover anti-terrorism efforts.
Potter wants $3 billion in postal funds freed from an escrow account. He also doesn't want the agency obligated to pay $27 billion in military retirement benefits for former employees who previously served in the armed forces.
Tuesday was the last in a series of congressional hearings before members of Congress begin to revamp the law under which the post office operates.
