NEWS: Real-Time Giveaway Counter Posted

Alaska State Seal Democratic Legislators Post Oil Wealth Giveaway Cost to Alaskans in Real Time JUNEAU – Today, the House Democratic Caucus published a real-time counter on its website (akdemocrats.org/our-oil-bill/giveaway/) to show Alaskans up-to-the-minute losses from the governor’s oil wealth giveaway, SB21. While the Governor’s giveaway is extremely generous to corporations in London and Houston, the giveaway will adversely impact individual Alaskans.
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Note from Rep. Gara: Taking Credit for Gravity: Claims that Long-Planned Oil Projects are the “Sudden” Result of the April Oil Tax Rollback

Rep. Les Gara Dear Neighbors, It didn’t take long for silly season to start after the Legislative Session ended April 14. Expect a few years of “abracadabra” claims that oil projects, already being developed under ACES (the oil tax law that has been in place since 2007) are now magically the result of the massive rollback of Alaska’s share of oil revenue (an approximate $1.5 billion per year revenue reduction at $120 per barrel at a time when Alaska is already facing deficit spending). Senate Bill 21 is the oil tax bill that the oil companies, Governor, and his allies succeeded in pushing through the Legislature in April. The claims are, politely put, “flawed” in most cases.
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Note from Rep. Gara: Good, Bad, and Ugly on Oil Bill, Education, and Housing

Rep. Les Gara Dear Neighbors, Well, in my view this session has been a disaster with glimmers of good. I wish I could put a true and happier spin on this, but I can’t. I’m including two press releases, one good and one bad. The good news is a nice bill what we passed with Rep. Mia Costello which will make Anchorage and Alaska more vibrant, and that will cost-effectively reduce the low and middle-income housing shortage in Anchorage.
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