Restoring the vetoes & funding the PFD
It also funds a $1,600 PFD which is about on par with the historic average PDF. Adjusted for inflation the average PFD has been about $1,650.
I don't love it this bill. These cuts will have real consequences: ISER found that each $100 million in state government spending cuts results in about 1,200 Alaskan jobs lost. Those are split between government and private sector jobs. Since our earlier budget cut about $190 million which will result in about 2,300 Alaskans losing their jobs,
another $94 million in cuts will bring the total Alaska jobs lost to about 3,380 this year
. Those are real jobs with real impacts.
But that's how compromise works. It's time to make some compromises and to get on with the business of Alaska.