Senators Tell Administration To Abandon Plan To Sell Federal Transmission Lines

Thursday, June 21, 2018

Senators Lamar Alexander and Maria Cantwell (D-Wa.) said the administration’s plan, announced on Thursday in a proposal to reorganize federal agencies, to sell the federal electric transmission assets of the Tennessee Valley Authority and the Power Marketing Administrations will increase electric bills for ratepayers.

 

0001pt;">“TVA’s continued success and ability to provide low-cost power is vital to the TVA region’s families and businesses. This looney idea of selling TVA and TVA’s transmission lines seems to keep popping up regardless of who is president, and each of those proposals have all been soundly rejected by Congress,” Senator Alexander said. “When President Obama proposed selling TVA in 2013, all it did was undermine TVA’s credit, raise interest rates on TVA’s debt and threaten to increase electric bills for 9 million ratepayers. TVA has among the lowest power rates in the country which, along with its reliability, help bring numerous new businesses to the region.”

 

"The Trump Administration's proposal to privatize BPA is a terrible idea. Replacing cheap cost-based power with more expensive ?energy is bad for consumers and bad for business,” Senator Cantwell said. “Our cheap hydro system has been the backbone? of our economy for decades, allowing many industries to flourish because of low electricity rates. This is a bad idea that has been soundly rejected before and will be again?"

 

Senator Bob Corker said, “While TVA has not received any taxpayer funding since 1999 and has taken positive steps in recent years to pay down its debt, I do think it’s valuable to evaluate from time to time reforms that could cause TVA to function more effectively for Tennessee taxpayers and ratepayers,” said Corker. “That said, at the end of the day, I continue to believe that selling TVA’s transmission lines would be harmful to the Tennessee Valley and remains a very unlikely outcome.”

 

On Thursday, the Trump administration released a plan to reorganize federal agencies pursuant to the Comprehensive Plan for Reorganizing the Executive Branch executive order signed by President Trump in March 2017. The plan included a proposal to sell the federal electric transmission assets of the Tennessee Valley Authority and the Power Marketing Administrations.

 

In April, Senator Alexander sent a letter to the president signed by every member of the Tennessee delegation urging the administration to reconsider its budget proposal to sell TVA’s transmissions assets.

 

In March, Senator Cantwell sent a letter to the president opposing his budget proposal to sell the transmission assets of the Bonneville Power Administration and other Power Marketing Administrations and encouraged the administration to work with congress to ensure federal electric transmission and power marketing continue to deliver value to consumers.



Mueller Water Products To Expand In Chattanooga

Tennessee Department of Economic and Community Development Commissioner Bob Rolfe and Mueller Water Products officials announced on Tuesday that the manufacturer will expand its operations in Chattanooga and create 96 jobs over the next three years.   “I’d like to thank Mueller Water Products for its decision to create jobs and invest further in its operations in ... (click for more)

ALDI Brings New Jobs To Chattanooga With Hiring Event On Friday

ALDI will host a hiring event for its Chattanooga-area stores on  Friday . Known for offering market-leading wages and health insurance, ALDI is one of the fastest growing retailers in the U.S., creating new opportunities for people locally and nationwide. The event will be held from 7:30 a.m.-2 p.m. at Holiday Inn Express, 440 West Martin Luther King Boulevard. ALDI ... (click for more)

Red Bank Approves Short Term Vacation Rental Ordinance On Final Reading

The Red Bank Commission passed an ordinance Tuesday night on second and final reading that regulates short term rentals within the city. "Our hands have been tied because of state law," said Mayor John Roberts. Many residents, both for and against allowing these rentals, have come to recent commission meetings appealing to the commissioners for their side of the issue, ... (click for more)

Firefighters Battle 2-Alarm Fire On Workman Road Tuesday Morning

Chattanooga firefighters were dispatched at 6:03 a.m. on Tuesday, to a commercial fire at 400 Workman Road. When the first firefighters arrived on the scene, flames were shooting through the roof and the request was immediately made for a second alarm response. The flames could be seen for miles as a total of 13 fire companies rushed to the scene. The large, two-story ... (click for more)

Am I Alone?

 Am I alone seems to be quite apt as I begin to form sentences, thoughts and concerns regarding the state of this country. I feel like I am alone trying, somehow, to justify Trump and understand why he is constantly in the middle of chaos.  Now coined as the Liar-in-Chief, Chief Foreign Affairs Coordinator acting for his pal Russian Dictator, Putin.  The silence ... (click for more)

Six Things We Can Do About Mass Shootings - And Response (3)

All politics aside, the recent shooting in Florida, and every other shooting in a public place, is a senseless and, possibly, preventable tragedy. It is absurd that we can’t gather in a free society without the fear of some nut job or terrorist using us as targets.   And then the cries of “do something!” from every quarter. But, other than the obvious attempt by agenda-pushers ... (click for more)