Postal Service needs reform, not another rate hike

Published July 17, 2025 6:00am ET



This week is Postmaster General David Steiner’s first week on the job. He certainly has his work cut out for him. America’s mail carrier has lost more than $3 billion so far in fiscal 2025, $9.5 billion in fiscal 2024, and more than $100 billion over the past 15 years.

Unfortunately, Steiner has already started off on the wrong foot by hiking first-class mail, or letter, prices from 73 cents to 78 cents. Steiner should ditch these senseless rate hikes and instead focus on cutting costs to get postal deficits under control. It’s time for a new approach from the new postmaster general. 

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