I have stated before that I am not in favor of flow control. Flow control is anticompetitive. But it is only fair and equitable that communities that have indebted themselves--completely within the law prior to the Supreme Court decision--must not be left to suffer the consequences of financial failure. The outstanding municipal bonds that total more than $20 billion must be honored and the communities' financial stability must be maintained. However, only those facilities with bonded revenues are given grandfather coverage under this bill. Any municipality indebted after the Carbone decision is not and will not be protected. The free market must prevail. Rather than assisting with the creation of yet another bloated Government bureaucracy, we should be encouraging the establishment of a healthy free market, one in which competition keeps prices low, offers consumers better services, and disposal techniques are state-of-the-art.
Tina Smith: “I have stated before that I am not in favor of flow control. Flow control is anticompetitive. But it is only fair and…”
Editor's note · Context
Addressing the implications of flow control on municipalities and their financial obligations.
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