Duncan critical of TVA Executive pay raises

WASHINGTON, U.S. (WVLT) –Congressman John J. Duncan, Jr. (R-Tenn.) released a statement Friday criticizing the reported increases in pay for top executives at TVA.

Congressman Duncan said, “I think some of the compensation is ridiculously excessive. To give pay raises as high as 50% in times of relatively low inflation is just wrong and unfair to the ratepayers.

"Because East Tennessee is one of the most popular places to live in the entire country, TVA can get outstanding people at its top level without paying these extraordinary salaries.

"This is especially cruel in a time when almost all other federal employees have had their salaries frozen and millions of private sector workers have had their salaries go down.

"Unfortunately, because of the present structure of TVA, the only effective way to stop excessive salaries would be to have the President appoint very fiscally conservative people to the board because the board members are the only ones who could stop giving these inflated salaries.”


Join the Conversation!

While WVLT allows comments on articles, we ask that you respect the online community. Comments may be removed at any time for violations including:

  • Obscenity, profanity, vulgarity, racism, violent descriptions, name-calling or personal attacks.
  • Abuse of multiple accounts.
  • Off-topic comments.

Comments may be checked for inappropriate content or rule violation, but the station is under no legal obligation to monitor or remove comments. If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator. 
Flagging does not guarantee removal.

powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 179718851 - local8now.com/a?a=179718851
Gray Television, Inc.