Study criticizes White House suggestion to sell TVA

A composite image of the White House and a TVA nuclear plant.
photo A composite image of the White House and a TVA nuclear plant.

A new study commissioned by the Economic Policy Institute suggests that selling or privatizing the Tennessee Valley Authority would raise power costs and hurt economic development and research in TVA's seven-state region.

The liberal think tank is not often at odds with President Barack Obama and supportive of the positions of conservative Southern Republicans. But on the question of cutting federal ties to America's biggest government utility, researchers for the Economic Policy Institute are in agreement with Tennessee's GOP lawmakers and against an Obama administration plan to phase out the federal role in the New Deal agency created in 1933 by President Franklin Roosevelt.

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