This is the last day procrastinators have to file state and federal income tax returns. Karen Connelly, a spokeswoman for the Internal Revenue Service says only about 20% of Colorado taxpayers have to write a check to the government when filing their taxes. The other 80% receive refunds.
In a letter, the postmaster general told Congress, yesterday, that in order to mitigate losses the United States Postal Service needed to raise the price of stamps by as much as 5 cents.
That means stamps could cost 50 cents.
The New York Times reports that Patrick Donahoe also said that if it didn't raise postage prices and slow first-class mail by one day, the service could lose up to $18.2 billion a year by 2015.
After asking for a five-month moratorium in December, Congress has been relatively quiet so far on how it hopes to fix the economically troubled U.S. Postal Service.