Price of stamps might increase


Producer - Catlin Bogard
Web Editor - Mason Stevenson

The head of the US Postal Service says his agency needs to hike rates on stamps, or risk needing emergency funding from the government.

The post office expects to lose $6 billion by the end of 2013.

Lawmakers are considering cost-cutting moves that include ending Saturday mail delivery and door-to-door delivery, but many have resisted such changes, saying they would inconvenience customers.