Dunleavy calls on Legislature to issue ‘immediate’ $3,700 PFD to Alaskans
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
Alaska’s PFD won’t last long without constitutional protections
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
‘Awash with cash’ Alaska has money to pay a full Permanent Fund Dividend
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
Alaskans must not compromise or capitulate on PFD payment or fiscal plan
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
BREAKING: 2021 Permanent Fund Profit is $18.6 billion – it’s time to pay Alaskans
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 options this week to weigh in on PFD, state budgets
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
Pressure mounts: Alaskans continue rallies in support of PFD payments
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
No, paying the statutory PFD is not a socialist giveaway – it belongs to Alaskans
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
Let Alaskans begin the great PFD debate in earnest
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
Alaskans to receive $1,000 PFDs in July
Gov. Mike Dunleavy announced May 20 that the Permanent Fund Dividend Division will begin distribution of the 2020 PFD to all eligible Alaskans on July 1, three months earlier than normal. The Alaska Legislature capped the dividend at $1,000 this year rather
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