May 22, 2013

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Higher Bills Coming for TVA Customers

Tennessee Valley Authority ratepayers in June will pay slightly more due to an increase in fuel cost, and a spokesman said the utility's use of pricier replacement power due to the devastating tornadoes and storms will be in bills starting in July.

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Talks Seek to Make a Down Payment on Deficit Reduction

Vice President Joe Biden says bipartisan talks to tame the nation's growing national debt can achieve "a significant down payment" on the $4 trillion in deficit reduction that many have identified as a minimum goal for the next decade.

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Senate Republican Lays Out Demands to Cut Deficit

The top Republican in the Senate says it'll take cuts both to agencies' budgets and to long-term spending on programs like Medicare and Medicaid to win his vote to permit the government to keep going into debt to meet its obligations.

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