Political Quotes

On the recordNovember 7, 1997
The goal that we set in this bill is to provide for competition for choice, and ultimately for lower prices for electric power consumers from the largest industry to the individual homeowner all across the 50 States of the United States. We set a deadline for that competition to exist on the 1st of January of the year 2002. We encourage States, several of which have already acted, to provide for their own free and open competition by allowing States that have met the general requirements of this bill before 2002 to do it in their own way--in the way in which their legislatures have decided or may have decided. We cover, as the Senator from Arkansas pointed out, the legitimate stranded costs of utilities that have been required to build facilities, some of which may not be completely competitive in an entirely free and open market.
Said by
T. Gorton
Republican · Washington

Editor's note · Context

Introducing a bill on electric power marketing restructuring.

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