Today's Big Postage Hike Going to Court

The price of first-class U.S. postage stamps jumps from 46 cents to 49 cents today, the largest rate increase in 11 years. But two lawsuits; one to stop it, one to extend it, have already been filed in federal court.

The U.S. Postal Service requested the increase last year as way to help the sort-of agency recover from its staggering financial losses during the recent recession. On December 24, 2013, the Postal Regulatory Commission approved the request, but added a condition that it must phased out by 2016.

Arguing that "temporary" just won't cut