Press Mention Daily Journal April 15, 2013
SACE Quoted
Role reversal: GOP attacks Obama plan to sell Tennessee Valley Authority, icon of New Deal
In this mention
President Obama's 2014 budget proposal includes a strategic review of the Tennessee Valley Authority with potential privatization to reduce the federal deficit by $25 billion. Republican lawmakers from the TVA region, including Senators Lamar Alexander and Richard Shelby, oppose the plan, citing concerns about electricity rates and service delivery. Stephen Smith, executive director of the Southern Alliance for Clean Energy, comments on the political irony of a Democratic administration proposing TVA privatization while conservative Republicans defend the public utility.
For the first time that I'm aware of, you've got a Democratic administration proposing the sale of TVA and simultaneously you've got significant, conservative federal representatives in the House and Senate defending their local socialist project. There's a lot irony in it and little bit of humor actually.
Stephen A. Smith
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