Note from Rep. Gara: Why This Took Way Too Long! Budget Improved to Give Children, Seniors a Fairer Shake in Life

Rep. Gara Newsletter

I’ve been periodically frustrated, and sometimes worse than that as the budget process plodded along too slowly. Passing a budget isn’t rocket science and many Democrats, Republicans and our one Independent legislator could likely have reached compromise in a few days, rather than taking 50 extra days of special session. But some legislators, though good people, were, I’d have to say, less “flexible” than others.

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NEWS: GOP Ignoring Oil Tax Credit Spending Cap

ANCHORAGE – Today, the Alaska Independent Democratic Coalition released a memo from the Alaska Department of Revenue showing the Republican-proposed budget spends $600 million more on oil tax credits than provided for under Alaska’s statutory cap on credit payments.

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NEWS: Smaller Permanent Fund Dividend If Budget Spends From Permanent Fund Earnings Reserve

Rep. Les Gara

ANCHORAGE - Today Rep. Les Gara released a report from the Legislature’s non-partisan Legal Research Division. It shows that if Legislators were to spend from the Permanent Fund’s Earnings Reserve, that would reduce Permanent Fund Dividend payments received by Alaskans. Some legislators have mentioned this as an option to paying for this coming year’s budget, which is a subject of the current Special Session.

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