Oak Ridge Today

Possible TVA sale a bad idea, president’s budget fails on entitlements, Republican lawmakers say

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U.S. Senator Lamar Alexander

Lamar Alexander

U.S. Senator Bob Corker

Bob Corker

Republican lawmakers from Tennessee were critical of the budget proposal released by President Barack Obama on Wednesday, saying it was overdue and failed to responsibly address unsustainable spending on entitlement programs.

In a statement, U.S. Sen. Lamar Alexander said a proposal to consider selling the Tennessee Valley Authority could cost taxpayers money.

“This is one more bad idea in a budget full of bad ideas,” Alexander said. “There is today no federal taxpayer subsidy for TVA, period. There is by law no federal taxpayer liability for TVA debt. And after deducting its debt, selling TVA would probably cost taxpayers money.” [Read more…]

Alexander: President failed to lead on spending cuts; ORNL, UPF should be shielded

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U.S. Senator Lamar Alexander

Lamar Alexander

U.S. Senator Bob Corker

Bob Corker

U.S. Sen. Lamar Alexander on Thursday said the automatic federal spending cuts going into effect today demonstrate a failure of presidential leadership.

The senator also said he would like to minimize the impact of the cuts on important government institutions such as the Oak Ridge National Laboratory, student loans, and the proposed Uranium Processing Facility at the Y-12 Security Complex.

Congress and the White House approved the automatic, across-the-board cuts in discretionary and defense spending— known as sequestration—about 18 months ago in the Budget Control Act of 2011. Considered unpalatable by many, the cuts were meant to encourage Democrats and Republicans to compromise on deficit reduction efforts.

That hasn’t worked.

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Corker: Senate condemns North Korea nuclear test, calls for new sanctions

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U.S. Senator Bob Corker

Bob Corker

U.S. Sen. Bob Corker on Monday said a recent nuclear test by North Korea violated international agreements and posed a threat to regional and global security.

Corker, who is a ranking member of the Senate Foreign Relations Committee, said the Senate unanimously passed a resolution condemning the nuclear test.

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Alexander, Corker vote against ending debate on Hagel nomination

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U.S. Senator Lamar Alexander

Lamar Alexander

U.S. Senator Bob Corker

Bob Corker

Senate Republicans on Thursday voted against ending debate on the nomination of Chuck Hagel to be the nation’s next defense secretary.

Hagel is a former Republican Senator and a Vietnam War veteran, but his nomination has been opposed by conservatives and pro-Israel forces. The Senate voted 58 to 40 to end debate, two votes short of the 60 that were needed.

Senators Lamar Alexander and Bob Corker, both Tennessee Republicans, voted against ending the debate.

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Alexander, Corker vote against bill to increase debt limit

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U.S. Senator Lamar Alexander

Lamar Alexander

U.S. Senator Bob Corker

Bob Corker

U.S. senators Lamar Alexander and Bob Corker, both Tennessee Republicans, on Thursday voted against H.R. 325, the House-passed debt limit bill, and urged Congress to focus on reforming Medicare, Medicaid, and Social Security, a press release said.

“I voted against this bill because it raises the debt ceiling without taking steps to reduce the debt,” Alexander said. “Sen. Corker and I have introduced legislation that would reduce entitlement spending by nearly $1 trillion in exchange for the president’s expected request to increase the debt ceiling.”

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Fleischmann votes for ‘No Budget, No Pay’; Corker co-sponsors

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U.S. Representative Chuck Fleischmann

Chuck Fleischmann

U.S. Senator Bob Corker

Bob Corker

U.S. Rep. Chuck Fleischmann voted for a bill that passed the House on Wednesday that temporarily increases the nation’s debt ceiling and requires each house of Congress to pass a budget.

Known as the “No Budget, No Pay” Act, the bill would withhold pay for legislative members if they fail to pass a budget.

“Not having a budget wouldn’t fly for hardworking Americans at home or at work, and it shouldn’t be allowed in Congress,” said Fleischmann, a Tennessee Republican whose district includes Oak Ridge. “We cannot ever truly constrain spending if the Senate will not pass a budget. With the passage of this bill, the Senate Democrats will finally be obligated to produce a path to get our fiscal house in order.”

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House also passes ‘fiscal cliff’ deal, but Tennessee representatives oppose it

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U.S. Representative Chuck Fleischmann

Chuck Fleischmann

Less than 24 hours after the U.S. Senate overwhelmingly approved it, the U.S. House passed legislation late Tuesday night to avoid the so-called “fiscal cliff,” but seven Tennessee Republicans and one Democrat opposed it.

The bill, which now goes to President Barack Obama for his signature, averts income tax increases for most Americans and temporarily delays large across-the-board spending cuts to defense and domestic programs.

However, the Associated Press reported most Americans will still end up paying more federal taxes in 2013 because the legislation did not renew a temporary 2 percent cut in the payroll tax. That reduction was worth about $1,000 to a worker making $50,000 a year.

U.S. senators Lamar Alexander and Bob Corker, both Tennessee Republicans, voted for the bill in the Senate, where it passed 89-8 early Tuesday morning. Alexander and Corker said the legislation, reached after weeks of negotiations between the White House and Congress, “rescues” 99 percent of Americans from a tax rate increase.

But all seven Tennessee Republicans in the U.S. House, including Rep. Chuck Fleischmann, voted against it. The vote in the House was 257-167.

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Alexander, Corker vote for ‘fiscal cliff’ deal

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U.S. Senator Lamar Alexander

Lamar Alexander

U.S. Senator Bob Corker

Bob Corker

U.S. senators Lamar Alexander and Bob Corker voted in favor of a “fiscal cliff” deal early Tuesday morning that would allow tax rates to rise only for wealthy Americans while temporarily suspending sweeping federal spending cuts.

The deal was approved 89-8 in the U.S. Senate but still has to be passed by the House. Approval there is not guaranteed.

The agreement would raise tax rates for individuals who earn more than $400,000 and couples with incomes of more than $450,000. It would also extend unemployment insurance for another year and temporarily delay $110 billion in across-the-board spending cuts to military and domestic programs.

Alexander, a Tennessee Republican, released a statement after the 1:39 a.m. vote early Tuesday, New Year’s Day. The vote could help the nation avert the so-called “fiscal cliff,” a package of automatic across-the-board spending cuts and tax increases scheduled to start going into effect this month.

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Corker, Alexander propose dollar-for-dollar spending, debt limit plan

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Tennessee senators Bob Corker and Lamar Alexander have introduced a plan to reduce the growth in federal entitlement spending by almost $1 trillion in exchange for increasing the nation’s debt limit by $1 trillion, possibly this spring.

The Dollar for Dollar Act of 2012 would reduce the growth in spending on Medicare, Medicaid, and Social Security, according to a statement posted on Corker’s website. Most of the spending reductions—$689 billion—would come from Medicare reform.

Corker and Alexander seemed confident that Congress and the White House would reach a deal in the so-called “fiscal cliff” negotiations, a high-stakes debate that has dragged on for weeks over how to avoid automatic spending cuts and tax increases starting Jan. 1.

“When the dust settles, federal income taxes will not increase for almost all Americans next year,” Corker and Alexander said.

The two Republicans said their dollar-for-dollar plan “focused on helping Americans avoid falling off the fiscal cliff no one wants to talk about, the looming bankruptcy of Medicare.”

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With ‘fiscal cliff’ looming, ORNL says it’s as well-prepared as it can be

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As President Barack Obama and House Speaker John Boehner continue their high-stakes negotiations over tax revenues and spending cuts, officials at Oak Ridge National Laboratory say they have prepared as best they can for automatic spending cuts that could go into effect in January.

“We have been preparing for increased budget pressures for several years now and have taken a number of steps to reduce our costs, including workforce restructuring, benefits changes, reduction in energy consumption, and other operational costs,” ORNL Director Thom Mason said in a statement Monday. “Since we don’t know exactly how any cuts would be allocated by the various governments agencies that fund ORNL, we can’t really say with certainty what the impacts would be, other than to say we are as well-prepared for uncertainty as we can be.”

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Frank, Iwanski, Hope lead in early election returns

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Terry Frank

Terry Frank

Business owner Terry Frank, a Clinton Republican, has an early voting lead over attorney Warren Gooch, an Oak Ridge Democrat, in the race for Anderson County mayor, according to early results posted Thursday evening on the Anderson County Election Commission website.

Results continue to be tabulated, but Frank has been collecting about 56 or 58 percent of the early, absentee, and election day votes, compared to about 42 to 44 percent for Gooch.

Also taking an early lead was City Council candidate Charles J. “Chuck” Hope Jr., who had about 58 percent of the vote around 8:42 p.m., compared to 42 percent for Trina Baughn.

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