Gov. Walker’s budget vetoes total $1.29B; dividend cut in half

Governor Bill Walker announced vetoes totaling $1.29 billion at a press conference in Anchorage on Wednesday, June 29, 2016. (Screenshot via web stream courtesy Gov. Walker’s office)Governor Bill Walker cut Permanent Fund dividends Wednesday to $1,000 per person, about half of the projected amount.
The cut was one of a series of reductions that Walker made to lower the state’s budget by $1.5 billion.
Walker says he made the changes to reduce the amount of savings the state must spend