Senator’s bill to draw from Permanent Fund earnings advances

A proposal to allow state government to dip into Permanent Fund earnings is advancing in the Legislature.
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Sen. Lesil McGuire, R-Anchorage (File Photo by Skip Gray/360 North)The Senate Finance Committee heard details Tuesday from Anchorage Republican Senator Lesil McGuire.
Similar to a plan from Governor Bill Walker, McGuire’s bill would pay for much of state government using fund earnings.
“In my opinion, we have to continue strategic cuts to the budget, but we can&rsq