Alaska House Majority Coalition Chooses Fiscal Restraint, Adopts 75/25 PFD, Reducing Deficit by $1.6 Billion

Friday, after weeks of wrangling over budget details and failing to reach a compromise, the Alaska House Majority Coalition passed an amendment to the operating budget that reduces the deficit by roughly $1.6 billion and creates an affordable and sustainable PFD of approximately $1,400. The intention was to wait until Monday to begin the amendment […]