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President Barack Obama’s plan to explore selling TVA was sharply criticized by U.S. Sen. Lamar Alexander.
“There is no assurance that selling TVA to a profit-making entity would reduce electric bills in the Tennessee Valley — which should be the overriding objective — and it could lead to higher electricity rates,” Alexander said in a prepared statement.
Obama sent his budget for the federal government’s 2014 fiscal year to Congress on Wednesday.
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