People and businesses would pay much higher electricity prices under revived Trump administration plans to sell nonprofit electricity grids owned by taxpayers, killing one of the most enduring and beneficial policies of the New Deal.
Last year the Trump administration said it had abandoned plans to sell these taxpayer assets, built up during the Great Depression and fostering economic growth ever since.
But now the mercurial president is itching to sell Bonneville Power Administration in the Pacific Northwest, the Tennessee Valley Authority, the Southwestern Power Administration and Western Area Power Administration. The plan is at Page 38 of the latest Trump budget.