Government officials may be too optimistic about market with respect to Permanent Fund

State government officials might be too optimistic about the market when planning to use money from the Alaska Permanent Fund to help pay for state government.
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That’s what the chief executive officer of the corporation that manages the Alaska Permanent Fund told the editorial board of the Fairbanks Daily News-Miner on Tuesday.
A bill before lawmakers would take 5.25 percent of the market value, or about $2.5 billion dollars, to help pay for state government.
The fund’s