Legislature votes to dip into budget reserve to pass state budget

The Legislature is poised to pass a state budget that would prevent layoff notices going out to state workers tomorrow. But the budget could draw three billion dollars from the state’s piggy bank, the constitutional budget reserve. And it’s not clear how Governor Bill Walker will respond to a spending plan that doesn’t address Alaska’s long-term state fiscal imbalance.
Sen. Pete Kelly speaks on the floor of the Alaska Senate, (Stock photo by Skip Gray/Gavel Alaska)