Saturday, July 27, 2019

Alaska is reeling from budget cuts, even as governor wants to pay each resident $3,000 - Richard Read, Los Angeles Times

Through line-item vetoes, Republican Gov. Mike Dunleavy has cut $444 million from the $8.3 billion state operating budget that took effect July 1. His targets included the $2.7 million that the state would have provided Alaska’s 27 public radio and television stations, along with much of the funding for food banks, senior citizens and the public university system. The cuts are his way of making good on a campaign pledge that helped get him elected in November: paying each resident $3,000 a year from the Permanent Fund, the state’s famed savings account built on oil revenue.

https://www.heraldmailmedia.com/news/nation/alaska-is-reeling-from-budget-cuts-even-as-governor-wants/article_de0f6313-89a0-5787-a4f5-e1ed443bfbd8.html