Legislature tries to find an affordable compromise

The Legislature is in its 10th year of struggling to balance Alaskans’ wishes and wants for a large Permanent Fund dividend with the checkbook reality that is much less than the wants.

It’s been an annual political and fiscal battle ever since Gov. Bill Walker in 2016 bravely cut that year’s PFD in half after legislators had approved an unaffordable dividend while the state budget was in a deep billion-dollar deficit, dug deeper by low oil prices.

Mike Dunleavy, who was then a state senator, vowed to push legislation to undo the governor’s cut.

Dunleavy failed to convince his colleagues to sup...

 
 

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