Crony Capitalism | Citizens Against Government Waste
The WasteWatcher: The Staff Blog of Citizens Against Government Waste

Crony Capitalism

Ohio House Bill 6 Would Hurt Consumers in the Buckeye State

Ohio lawmakers are considering raising consumer’s energy bills in the Buckeye State to bail out two unprofitable nuclear power plants which have been scheduled for shut down in two years. The nuclear plants are run by FirstEnergy Solutions (FES) which is filing for bankruptcy as part of a restructuring plan that will separate the business from its parent company, FirstEnergy Corp.

Texas House Bill 3995 Would Hurt Consumers in the Lone Star State

It has been 20 years since the Texas legislature moved to end regulated energy rates and break up monopolies.  Texas now has twice the energy production of any other state, and electric prices are among the nation’s lowest.  Unfortunately, House Committee on State Affairs Chairman Dade Phelan (R-Beaumont) is attempting to set the clock back with his bill, HB 3995.

Sign Up for Email Updates!Click Here!

View Archives

Posts by Author

Posts by Tag

Big Government (152) Obamacare (85) Congress (79) Healthcare (75) Waste (74) Budget (72) Uncategorized (56) Telecommunications (50) Internet (49) Debt (47) Technology (47) Deficit (44)