Monday, March 1, 2010
TVA Debt Increase
TVA's CEO and Tennessee's political leadership seems to think the rate payers are like the proverbial money tree as they attempt to increase TVA's Congressional mandated debt ceiling. Read about it from the Knoxville News Sentinel. TVA's investments into nuclear power coupled with poor management and neglect of existing facilities which resulted in engineering failures have resulted in a near 27 billion dollar debt.
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