Among all the sections in the so-called Big Beautiful Bill that will drive up the federal deficit, pour billions into defense and border security and cut federal spending on Medicaid is one item that …
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Among all the sections in the so-called Big Beautiful Bill that will drive up the federal deficit, pour billions into defense and border security and cut federal spending on Medicaid is one item that shows Alaska Sen. Lisa Murkowski was thinking ahead. The senator said she successfully negotiated to add a provision that delays until at least 2028 new federal penalties on Alaska for its shamefully high error rate in processing SNAP benefits (food stamps) for needy people. The penalties — if the state cannot solve its problems and reduce its e...
Thousands of Alaskans get so squeezed on their finances every year that they turn to high-interest payday loans to help cover their bills. That may sound manageable — short-term borrowing with the intent to pay back the debt with the next paycheck — but it digs a deep hole into financial quicksand for many people. More than 7,000 Alaskans took out payday loans totaling $17.4 million in 2023, according to the state’s Division of Banking
