The U.S. Postal Service is warning that the price of a first-class Forever stamp could rise as high as 95 cents as the agency tries to address mounting financial problems and avoid running out of cash. The current price remains 78 cents following the most recent increase in July 2025, with additional adjustments expected in the coming months.

Postmaster General David Steiner told lawmakers the Postal Service could run out of money by 2027 without changes, including increased borrowing authority and higher postage rates. Officials say ongoing financial losses and declining mail volume continue to strain the agency’s long-term outlook.

Reports indicate USPS is considering raising stamp prices into the 90 to 95 cent range as part of an effort to offset billions in annual losses. The agency has reported significant financial challenges, including multi-billion-dollar deficits in recent years.

In addition to price increases, USPS has also discussed potential cost-cutting measures, such as reducing delivery days and closing some post office locations. Those proposals would likely face strong public and political opposition.

Despite the potential increase, postal officials argue that U.S. postage rates would still remain lower than those in many other countries.

No final decision has been announced yet, but the proposal signals that another noticeable increase in postage costs could be on the horizon.