Chattanooga's Cool Reception to TVA Sale Idea - WRCBtv.com | Chattanooga News, Weather & Sports

Chattanooga's Cool Reception to TVA Sale Idea

Posted: Updated:
HAMILTON COUNTY, TN (WRCB) -

The top story of Wednesday's Chattanooga Times Free Press continues to get traction and reaction in the scenic city and beyond on the proposal of selling TVA, the federally owned utility that dates back to President Roosevelt's New Deal. Tuesday, President Obama again suggested selling the Tennessee Valley Authority, for the sake of deficit reduction.
"I think there's other things he could do to lower the deficit like stay out of the Russian conflict and do something about Obamacare, that's really a joke and a waste of taxpayers money." says Jim Doyle.
"I completely disagree with it, Obama is getting out of control right now, he's gone off the rocket," adds Natasha McCord.
Tennessee's Republican Senator Bob Corker had a similar take, reacting this way to the Obama budget proposal, "Unfortunately, the administration continues to be unwilling to deal with the critical issue of putting our fiscal house in order," said Corker in a news release.

TVA is reacting to President Obama's proposal to sell the federally owned utility, but what we've received so far is anything but committal.

TVA President and CEO Bill Johnson says "we will continue to work collaboratively with the office of management and budget," "but, be assured, our focus tomorrow will be the same as it is today - to provide lower cost, reliable power to the 9 million people of the Tennessee Valley."


Electric power costs are what worries Jim Redman "I think they need to leave it right where it's at, I think if they sell it our prices will go up and down, or up, probably, most likely," opines Redman
Next week, TVA will reportedly offer some of it's 12 thousand plus employees an early retirement package in the hopes of cutting costs. Currently, TVA's federal debt limit is just under the 29 billion dollar threshold.

  • NewsMore>>

  • Labor Day cookouts raise thousands of dollars for charities

    Labor Day cookouts raise thousands of dollars for charities

    Monday, September 1 2014 3:04 PM EDT2014-09-01 19:04:59 GMT
    Some Labor Day cookouts are raising thousands of dollars for local charities."People can drive through and not have to cook on Labor Day and not have to labor," said Jim Hines of the Signal Mountain Lions Club.There was a line of cars driving through Althaus Park on Signal Mountain Monday afternoon -- all picking up plates of barbecue."This culminates our biggest fundraiser. We really look forward to this," said Hines.Money from the barbecue plates, along with a new car raffle, help the Lions...More
    Some Labor Day cookouts are raising thousands of dollars for local charities."People can drive through and not have to cook on Labor Day and not have to labor," said Jim Hines of the Signal Mountain Lions Club.There was a line of cars driving through Althaus Park on Signal Mountain Monday afternoon -- all picking up plates of barbecue."This culminates our biggest fundraiser. We really look forward to this," said Hines.Money from the barbecue plates, along with a new car raffle, help the Lions...More
  • Rock Spring holds Labor Day car show

    Rock Spring holds Labor Day car show

    Monday, September 1 2014 2:56 PM EDT2014-09-01 18:56:06 GMT
    The Walker County Labor Day Car and Motorcycle Show filled the Civic Center parking lot in Rock Spring.Those who attended enjoyed checking out the classics while helping support a good cause.Two hundred cars were on display that rolled in to help raise money guaranteed to put a smile on a child's face Christmas morning.Vehicle registration cost $20 a car, southern favorites were also for sale.Every dollar collected and donated will be handed to the Al Millard Memorial Stocking Full of Love Fo...More
    The Walker County Labor Day Car and Motorcycle Show filled the Civic Center parking lot in Rock Spring.Those who attended enjoyed checking out the classics while helping support a good cause.Two hundred cars were on display that rolled in to help raise money guaranteed to put a smile on a child's face Christmas morning.Vehicle registration cost $20 a car, southern favorites were also for sale.Every dollar collected and donated will be handed to the Al Millard Memorial Stocking Full of Love Fo...More
  • Kraft recalls certain packages of American cheese

    Kraft recalls certain packages of American cheese

    Monday, September 1 2014 1:55 PM EDT2014-09-01 17:55:33 GMT
    Kraft is voluntarily recalling 7,691 cases of four varieties of its regular American Singles cheese product.More
    Kraft is voluntarily recalling 7,691 cases of four varieties of its regular American Singles cheese product.More
Powered by WorldNow
Can't find what you're looking for?

WRCB-TV
900 Whitehall Road
Chattanooga, TN 37405
(423) 267-5412

WRCB Jobs EEO | FCC Public Files

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WRCB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.