U.S. Sens. Lamar Alexander and Marsha Blackburn are among seven members of Tennessee’s congressional delegation who’ve gone on record opposing the proposed sale of TVA’s transmission assets.
For the second straight year, the federal budget proposal put forward by the Office of Management and Budget (OMB) includes the proposition that TVA’s transmission assets should be sold. Alexander and Blackburn joined U.S. Reps. Scott DesJarlais, Chuck Fleischmann, David Kustoff, Phil Roe and John Rose in “strongly” opposing that proposed sale. Each lawmaker is a Tennessee Republican.
In a letter to President Trump, the legislators noted that last year’s OMB proposal “was soundly rejected by Congress. Similar proposals under previous administrations to sell TVA or its assets have only undermined TVA’s credit, raised interest rates on the agency’s debt, discouraged investment and threatened to increase electric bills for 9 million ratepayers we represent.”
The federal lawmakers pointed out in their letter that the TVA transmission assets at issue include “more than 16,000 miles of line paid for by TVA ratepayers – not by federal taxpayers.”