October 27th, 2016

Speaker Smith Should Focus on Vermont’s Growing Debt

Recently, Vermont Speaker of the House Shap Smith chastised Vermont Yankee for accessing the decommissioning fund to “pay its bills.” Vermont Yankee, no longer in the business of making electricity, now must remain solvent and meet the requirement to safely decommission the plant. The federal government is the final decider in decommissioning trust fund spending, and it has permitted retiring plants to access the decommissioning funds to pay bills.

How about Shap Smith stop raking leaves into the wind by spending less of our tax dollars in the endless challenges against Vermont Yankee? Perhaps his drive to “protect” the trust fund balance should be redirected to ending the State of Vermont’s heavy taxation and our growing debt.
George Clain
Barre, VT

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