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Alaska House panel advances draft budget with full PFD and $1.9B deficit

Summary by Anchorage Daily News
The unbalanced budget reflects sharp divides in the Legislature on the PFD, school funding and the size of the budget itself.

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Alaska BeaconAlaska Beacon
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KTOOKTOO
Lean Left

Alaska House advances deficit-fixing budget bill, but there’s a catch

The Alaska State Capitol is seen on Monday, Feb. 3, 2025, in front of snow-covered Mount Juneau. (Photo by James Brooks/Alaska Beacon)The Alaska House of Representatives on Thursday approved a bill that seeks to solve a nearly $200 million state budget deficit, but legislators failed to approve spending from a state savings account, something needed to fix the deficit. House Bill 56, which passed on a 21-19 vote, is a “fast-track supplemental” b…

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Anchorage Daily NewsAnchorage Daily News
Center

Alaska House panel advances draft budget with full PFD and $1.9B deficit

The unbalanced budget reflects sharp divides in the Legislature on the PFD, school funding and the size of the budget itself.

·Anchorage, United States
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Juneau EmpireJuneau Empire
Center

State budget with $1.9B deficit and ‘full’ $3,800 PFD sent to House floor; expect drastic revisions by Senate

House Finance plan passes after battles among allies as well as opponents; vote on $1,000 PFD fails 7-4.

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Must Read AlaskaMust Read Alaska

House Finance moves state operating budget to floor, but it has one little problem

The Alaska House Finance Committee advanced a proposed state operating budget for the next fiscal year, which begins July 1. It contains $14 billion and includes a full statutory Permanent Fund dividend, estimated at around $3,800 per eligible Alaskan. The full PFD was an apparent mistake that Democrat Rep. Andy Josephson of Anchorage made when […] The post House Finance moves state operating budget to floor, but it has one little problem appear…

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Juneau Empire broke the news in on Friday, April 4, 2025.
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