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For broadcast on CBS Radio Network stations Nov. 6-7, 2004:
Nothing Definitive
The Stamp Collecting Report, I'm Lloyd de Vries.
When stamp collecting reporters were briefed on the 2005 U-S stamp program this summer,
there were no regular issues, or "definitives," in it.These are the work-horse stamps
that cover various postal rates and stay on sale much longer than commemoratives. The
subjects often include flags, presidents, famous (but not TOO famous) people and
statues.
There aren't any scheduled for next year because postal rates are expected to go up the
following year. The Postmaster General has promised no rate increase until then -- which
almost everyone takes to mean that that's when there WILL be a rate increase. So why
issue new thirty-seven-cent stamps now when they'll be outdated in less than a year?
It takes nearly a year for the Postal Service to get approval to raise domestic rates,
so a filing is expected early next year....to take effect in early 2006.
Now this doesn't mean there WON'T be any definitives next year. They're often scheduled
for release on short notice.
And that's Stamp Collecting this week.
I'm Lloyd de Vries, CBS News.
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