ARIZONA EDITORIAL FORUM

By Mark Cooper and Rep. Nancy Young Wright

A recent announcement of an $8.3 billion loan that guarantees the construction of two new nuclear reactors in Georgia should send the red flags higher up the pole for fiscal conservatives than conservationists.

Federal loan guarantees put the government on the hook for huge, risky investments, and they induce the utilities to make investments that are proven market failures.

Georgia is the perfect illustration, and right here in Arizona we can learn a valuable lesson.

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