Rep. Josephson’s Newsletter: Alaska’s Fiscal Cliff

Rep. Andy Josephson Dear Friends and Neighbors, It is nearly time for my staff and me to move back to Juneau for the second session of the 28th Alaska State Legislature. Other than the mere fact that it is December 19th and the session convenes one month from today, the Governor just released his budget and the Department of Revenue submitted its fall report on revenue sources for Alaska, which are both tell-tale signs that session is coming, and in this case, that we need to tighten our belts. In this newsletter I will discuss both of these subjects and how each will impact the upcoming session.
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Rep. Kreiss-Tomkins’ Newsletter: A $2 Billion Goof

Rep. Jonathan Kreiss-Tomkins • “$2 billion revenue shortfall sparks oil tax debate” — Anchorage Daily News • “Oil Tax Revenue Expected To Decline By $2 Billion” — Alaska Public Radio • “Alaska Revenue Forecast Shows Unanticipated Multibillion-Dollar Deficit” — Alaska Dispatch Translation: We, the State of Alaska, have $2 billion less in oil revenue this coming year than we thought.
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Note from Rep. Gara: Guv’s Budget: No Raise For Kids & A Proposed Governor Pay Raise??

Rep. Les Gara Dear Neighbors, What’s bad for the goose is bad for the gander. Or better put, you can’t ask for yourself what you don’t give to others. Yesterday the Governor introduced his budget. Smart cuts and efficiencies are needed in light of the $2 billion drop in Alaska revenue projected for next year. And with the Governor’s new oil tax law – which will guarantee multi-billion dollar deficits long into the future, a budget, even a reduced one, should have a vision.
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