The TVA debt limit is 30 billion,however the TVA Act specifies that 2 billion must be kept in reserve.So in reality the debt limit is actually 28 billion,so in reality there is not enough left under the 28 billion debt limit to fund the Bellefonte project that was approved by the board last week.
This current management of "carpetbaggers" is going to finish off TVA if they are not stopped. The Board of Directors are nothing more than Kilgore's pawns,they have approved everything he has requested of them with very little debate,but thats what happens when you have unqualified people in these positions.This new means of raising capital that corporate is suggesting does not need to be done, every ratepayer in the Valley needs to be contacting their elected officials to express their disapproval of this measure.
TVA to sell nuclear reactor
The TVA debt limit is 30 billion,however the TVA Act specifies that 2 billion must be kept in reserve.So in reality the debt limit is actually 28 billion,so in reality there is not enough left under the 28 billion debt limit to fund the Bellefonte project that was approved by the board last week. This current management of "carpetbaggers" is going to finish off TVA if they are not stopped. The Board of Directors are nothing more than Kilgore's pawns,they have approved everything he has requested of them with very little debate,but thats what happens when you have unqualified people in these positions.This new means of raising capital that corporate is suggesting does not need to be done, every ratepayer in the Valley needs to be contacting their elected officials to express their disapproval of this measure.