68
      Saturday
      83 / 67
      Sunday
      84 / 70
      Monday
      89 / 73

      Political role reversal on the Tennessee Valley Authority

      Some Republican lawmakers are criticizing President Obama for suggesting the government consider selling the Tennessee Valley Authority. TVA, the largest publicly-owned utility in the U.S., serves nine million customers in seven states including Virginia.

      In his 2014 budget blueprint, Obama says selling TVA will cut the federal deficit by $25 billion.

      Steve Ellis, vice president of the non-partisan Taxpayers for Common Sense, discussed that and other top tax issues with Capital Insider.