(File Photo: Source for Photo: A U.S. Postal Service truck makes deliveries next to the Supreme Court on Election Day, Tuesday, Nov. 3, 2020, in Washington. President Donald Trump says he’s planning an aggressive legal strategy to try prevent Pennsylvania from counting mailed ballots that are received in the three days after the election, a matter that could find its way to the high court. (AP Photo/J. Scott Applewhite)

Noah Haswell, Beaver County Radio News

(Washington D.C.) A first‑class stamp could soon cost nearly $1, as the U.S. Postal Service recently warned it may run out of money by 2027 and looks to raise prices to stay afloat. Postmaster General David Steiner stated during an appearance before Congress on Tuesday that the price of a first-class stamp could rise to 90 to 95 cents, up from 78 cents. Steiner confirmed in interviews with The Associated Press and Reuters that without congressional action to lift the agency’s $15 billion statutory debt limit, the U.S. Postal Service could struggle to pay vendors or employees by February of 2027.