Last week, Governor Walker used his line-item veto to cut $1.29 billion from the state budget. His vetoes include reductions in state spending, oil and gas tax credits, and the 2016 Permanent Fund Dividend.
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On Monday, we celebrate Independence Day, a great day in our nation’s history. Below, I’ve listed a number of events you and your family can enjoy this holiday weekend.
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Saturday evening, the legislature adjourned the first special session without approving any revenue measures to help close Alaska’s $4 billion deficit. On Sunday, Governor Walker called the legislature back to address Alaska’s financial challenges at a second special session to start on July 11th.
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On Sunday, we honor and celebrate our fathers: Happy Father’s Day to all of the wonderful fathers who provide love and support to their children and families.
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On Monday, the House approved a conference committee version of HB 247, an oil and gas tax reform bill that impacts how much progress we can make in trying to close Alaska’s deficit gap. Shortly after the House voted on oil taxes, the Senate approved a Permanent Fund restructuring bill.
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