JUNEAU – Monday, a group of Republican, Democratic, and Independent legislators announced the introduction of a constitutional amendment to fully protect the Alaska Permanent Fund in the Constitution. Currently, the Permanent Fund is structured as two accounts: the Principal and the Earnings Reserve Account. The Alaska Constitution prohibits the spending of the Principal without a vote […]
WASHINGTON — The U.S. Senate voted 50-48 Thursday night to pass an agreement to extend the government’s borrowing authority through early December to avert what could have been the country’s first-ever default on its debts. Senate Majority Leader Chuck Schumer announced the pact on the Senate floor after negotiations with Republican leader Mitch McConnell. He proposed […]
HB 313 provides over $1 billion to Alaskans JUNEAU – The Alaska Legislature today voted to provide over $1 billion to Alaska communities, small businesses, K-12 schools, fisheries, airports and more from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act. “Today’s vote provides assurance that this money will get into the hands […]
2019 saw the biggest increase in global military spending in a decade, according to data published Friday, which also showed the United States ramping up war expenditures under President Donald Trump. The findings are from The Military Balance 2020, the latest annual assessment from the International Institute for Strategic Studies (IISS) formally launched at the […]
