Democrats unveil $30bn bill to cancel water debts and bail out utility firms
Legislation to cancel utility debts for millions of low-income households and bail out struggling utility companies is to be introduced in the US Senate on Thursday.
Jeff Merkley, a Democratic senator from Oregon, will propose a $30bn low-interest loans program for electric, water and sewage and broadband providers as part of the Maintaining Access to Essential Services During the Covid Emergency Act of 2021.
The loans would allow utilities to recoup money in order to stay afloat without resorting to fines and shutoffs. Utilities have long justified using disconnections as a way...