PFD, HB 69 and Federal Cuts
Today is day 81 of the 120-day Alaska Legislative session and only 1/3 of the session remains. Boy how time flies.
The House Finance Committee has been trying to approve an operating budget, which is a difficult task, given that the state is facing financial straits and a deficit of $1.9 billion. The House Majority and Minority are deeply divided on how to deal with Alaska’s fiscal problems. There has been some contention this week, as House Finance tries to compromise on a budget to send over to the Senate. Both the House Minority and Majority held separate press conferences on the issue and painted two very different pictures for the people of Alaska.
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