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REA faces push to end rural electrification loans
Washington AP report says the Rural Electrification Administration plans a campaign to end its programs, arguing its mandate is met and loans mainly funded high density urban projects. REA officials tell Congress that subsidies should stop and loans should shift to market rates, while co ops insist many Americans still rely on their service and lobby against cutbacks.
MENTIONED IN THIS ARTICLE
Washington
Rural Electrification Administration
America
REA
Bill Musgrave
Harold Hunter
Reagan
Capitol Hill
National Rural Electric Cooperative Association
Congress
Sunbelt
United States
Horry Electric Cooperative Inc
Conway
S.C
Myrtle Beach Golf and Yacht Club
Denton County Electric Cooperative Inc
Denton
Texas
Darias-fort Worth
Darias-fort Worth Metropolitian
Missouri
Kansas
Dawson
Coop
Musgrave
Treasury
U.S
Hunter
Senate
House
Tom Daschle
Bob Whittaker
Kan
Congressional Electric Consumer Defense Committee