The U.S. Senate has passed a bill that proposes deep cuts to the federal budget, setting up a protracted fight between congressional Republicans and Democratic U.S. President Barack Obama. At an all-night session that lasted until early Friday, senators passed their version of a balanced budget plan that proposes $5.1 trillion in spending cuts over […]
Friday, March 13, 2015, Juneau, Alaska – The Alaska House of Representatives early this morning passed a Fiscal Year 2016 statewide operating budget with a historic 10 percent reduction in unrestricted general funds (UGF). Faced with a $3.5 billion deficit, the House Finance Committee found $229 million in reductions to day-to-day agency operations, while prioritizing […]
Juneau – Representative Les Gara (D-Anchorage) intends to file legislation this week to stop a large oil company subsidy that increases the budget deficit. The bill has been filed with the House Clerk and will be officially introduced on Wednesday. “Alaskans pay roughly $14 million a year for oil companies to use the Dalton Highway,” […]
Juneau – Education is Alaska’s best investment and the members of the Alaska Independent Democratic Coalition adamantly object to a proposal to reduce public education funding by over 18 percent. The House Finance Budget Subcommittee for the Department of Education and Early Development approved the FY 2016 budget proposal Tuesday night despite the objections of […]