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Tag Archives: federal governmwnt

Demand waning, TVA won't ask to raise loan limit

NORTH MISSISSIPPI — The Tennessee Valley Authority won’t ask Congress to raise its borrowing cap for at least the next 10 years. The Chattanooga Times Free Press reports that the federal utility says it anticipates being able to reduce its net borrowing in the next two years and reduce its debt over a decade by $5 billion. That’s because the ...

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