Absent Congressional or court action to extend or make permanent an existing exigent surcharge for mailing products and services – including the Forever stamp -- the Postal Service will be required to reduce certain prices on Sunday, April 10, 2016. This mandatory action will worsen the Postal Service’s financial condition by reducing revenue and increasing its net losses by approximately $2 billion per year. An order from the Postal Regulatory Commission (PRC) requires the 4.3 percent exigent surcharge to be reversed after the Postal Service has collected surcharges totaling $4.6 billion. As outlined in a notice filed with the PRC today, that amount is expected to be reached by April 10th.
John Lennon Forever stamp dedication ceremony, officiated by Postmaster General and CEO Megan J. Brennan
Friday, Sept. 7, 11 a.m. Eastern Daylight Time
Central Park, near East 72nd Street and Fifth Avenue
New York, NY 10065
This stamp, honoring legendary singer and songwriter John Lennon, is the latest in a series of Music Icons stamps. Beloved around the world, Lennon was successful both as a founding member of the Beatles and as a solo artist. Lennon’s music continues to speak for truth, peace, and tolerance.
The stamp artwork features a 1974 photo of John Lennon taken by noted rock music photographer Bob Gruen for Lennon’s “Walls and Bridges” album. The stamp pane resembles a vintage 45-rpm record sleeve and features Lennon at his white piano on the reverse side. The photograph, taken by Peter Fordham, was used to promote Lennon’s landmark 1971 solo album, “Imagine.”
The Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations. This ceremony is free and open to the public.
read more/source: http://about.usps.com/news/national-releases/2018/pr18_ma051.htm