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Modern fiscal conservatism has wrapped itself in one whopper of a false choice: That the U.S. must decide between economic growth and the welfare state.
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Scott Lee, an ardent fisherman from Oak Ridge, Tennessee, has an opinion as to whether Barack Obama should sell the federally chartered Tennessee Valley Authority to private investors: Don’t do it.
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U.S. nuclear-power generation rose to the highest level in seven weeks as the Tennessee Valley Authority and Xcel Energy Inc. increased power to reactors in Alabama and Minnesota.
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President Barack Obama is considering the sale of all or part of the Tennessee Valley Authority, the largest publicly owned U.S. power company, in a deal that may raise as much as $35 billion as the administration seeks to reduce the national debt.
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Bonds of the Tennessee Valley Authority dropped after President Barack Obama called for the possible sale of the largest U.S. government-owned power utility.
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President Barack Obama’s proposal to wean the Tennessee Valley Authority from the U.S. government faces the same obstacles that have frustrated privatization advocates since President Dwight Eisenhower termed the state- controlled power company “creeping socialism” in the 1950s.
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Headwaters Inc. and other companies that recycle waste from coal-fired power plants may benefit from less-restrictive rules that U.S. regulators have signaled they may adopt.
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It seems like an idea all Republicans would love: the U.S. sells the largest federally owned power company, paying down debt and ending a project begun at the height of the New Deal’s government expansion.
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President Barack Obama’s suggestion that the U.S. sell the Tennessee Valley Authority reveals a utility with a higher debt burden than any domestic peer except Calpine Corp. and the former TXU Corp.
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President Obama's proposed fiscal year 2014 budget includes funding to help U.S. communities increase their resilience to extreme weather and other climate change impacts.
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