April 20, 2017
For those following the issues facing our state, it’s no surprise that Alaska’s $2.7 billion budget deficit is the biggest issue. For the last five years, Alaska has had a budget deficit. Those deficits have caused the state to burn through at least $12 billion in savings, and we are quickly running out of savings.
In the previous legislative sessions (2013-2016), the Legislature – led by Republican majorities – was unable to address the issue in any meaningful way other than to continue reducing the budget and kicking the can down the road. Since FY2013, we have reduced the combi...