(WBIR-Knoxville) The University of Tennessee's Howard H. Baker Jr. Center for Public Policy released a brief on Monday reporting that if the federal government decides to privatize the Tennessee Valley Authority it could negatively impact the region.
President Obama suggested the federal government should consider selling TVA in his proposed fiscal 2014 budget.
The federal government created TVA in 1933 and has since owned the corporation, which provides electricity to nine million people in seven southeastern states.
Mary English, the Baker Center Fellow for Energy and Environmental Policy, argued that U.S. leaders should consider TVA's ability to be self-sufficient, and it hasn't needed federal money for its programs since 1999.
In English's brief "Should the Federal Government Sell TVA?", she wrote that dismantling TVA could dramatically impact the Tennessee Valley region."
"Congress created the Tennessee Valley Authority in 1933. Now, 80 years later, should it be dismantled? Doing so could have huge implication for the Tennessee Valley region - not only for its power supply, but also for its environmental quality and economic prosperity," English said.
Click here to find a full copy of the brief.