It’s a bad idea to cap Tennessee Valley Authority salaries

When the United States was in the grips of the Great Depression, not only were people lacking in jobs and food, but also access to natural resources. Just two months after assuming office, President Franklin D. Roosevelt signed into law the Tennessee Valley Authority Act. The government-owned corporation currently supplies electric power to seven states.

In its early years, the Tennessee Valley Authority provided good jobs to unemployed Americans who had a hand in reconfiguring infrastructure and bringing electricity to areas previously without service. It is, without question, one of the most successful New Deal programs. 

Established as a government corporation, the TVA does not receive taxpayer or government funding. Rather, it operates based on the revenue it generates. The TVA currently provides power to 10 million U.S. citizens using hydroelectric, nuclear-, electric-, and coal-fired power plants at rates lower than 80% of private-sector utilities. In each of 2024 and 2025, the Tennessee Valley Authority lowered its prices for customers. 

FREE MARKET PRINCIPLES SHOULD GUIDE NEW TENNESSEE