JP Hochbaum
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So republicans say privatizing will reduce prices because it is free market capitalism, yada, yada, yada.
But when Obama proposes to do just that:
""There is no assurance that selling TVA to a profit-making entity would reduce electric bills in the Tennessee Valley, and it could lead to higher electricity rates" for customers in Alabama, Georgia, Kentucky, Mississippi, North Carolina, Tennessee and Virginia, Alexander said.
Sen. Richard Shelby, R-Ala., vowed to "carefully study any proposals to restructure TVA" to ensure it continues to deliver affordable electricity throughout the region.
Privatizing TVA has been proposed before "and been determined to be a very bad idea," added Rep. John Duncan, R-Tenn."
Obama Proposal To Sell TVA Blasted By Republicans
But when Obama proposes to do just that:
""There is no assurance that selling TVA to a profit-making entity would reduce electric bills in the Tennessee Valley, and it could lead to higher electricity rates" for customers in Alabama, Georgia, Kentucky, Mississippi, North Carolina, Tennessee and Virginia, Alexander said.
Sen. Richard Shelby, R-Ala., vowed to "carefully study any proposals to restructure TVA" to ensure it continues to deliver affordable electricity throughout the region.
Privatizing TVA has been proposed before "and been determined to be a very bad idea," added Rep. John Duncan, R-Tenn."
Obama Proposal To Sell TVA Blasted By Republicans