With the price of oil now hovering around $117 a barrel (as of March 25) and the state coffers flooded with billions in unexpected revenue, an online petition is urging the Alaska Legislature to approve a full, statutory Permanent Fund Dividend payment for
With unexpected oil revenue flooding the state coffers to the tune of a $3.6 billion increased revenue forecast over this year and next year, Gov. Mike Dunleavy is calling on lawmakers in Juneau to issue $3,700 Permanent Fund Dividends to all eligible
Editor’s note: This column is jointly written by Joe Geldhof (a Juneau lawyer and board member of the Permanent Fund Defenders) and Juanita Cassellius (an Eagle River nurse and coordinator for Permanent Fund Defenders). For a long time, significant
In Fiscal Year 2020, the net income of the Alaska Permanent Fund was $1.63 billion while the Percentage of Market Value (POMV) draw was nearly $3 billion, a loss of about $1.3 billion after the draw. That was a shock to me. I’ve always trusted that the body
I keep hearing that the Republicans must compromise in order to gain a fiscal plan for Alaska. Compromise is a virtue in the politically-correct-woke world. I looked at the two issues that are supposedly blocking the enactment of the fiscal plan. First, the
The Alaska Permanent Fund just posted today the June 30, 2021, year-end earnings and expenses. Our PF Trust generated total revenues in the last twelve months of $18.8 billion. Expenses were $174 million leaving a profit of $18.6 billion. Transfers in
Alaskans have multiple opportunities, both through official channels and grassroots rallies, to offer opinions on how Alaska should move forward with regard to the Permanent Fund Dividend and future state budgets. On the official front, four upcoming public
The Alaska Legislature is expected to convene for what is likely to be a heated special session, starting Aug. 2. In addition to dealing with state spending limits and looking at new revenue sources, Gov. Mike Dunleavy has made it clear that he wants
Tim Bradner, an otherwise reasonable person, made a couple outrageous statements is his recent column published in the Anchorage Daily News. It caught my eye because it questioned how good conservatives (and I count myself as one) could support a socialist
Gov. Mike Dunleavy is right, “We need the full dividend to stabilize the Alaska economy.” When the late Gov. Jay Hammond appointed the Investment Advisory Committee, he assigned us an interesting task. “Figure out how to use the billions that we will
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