Three pitches for closing state budget deficit with the Permanent Fund
Gov. Bill Walker has proposed using the Permanent Fund earnings to pay for much of the state’s annual budget. But Walker isn’t alone in eyeing the $50 billion account. Lawmakers have introduced two other bills to pay for part of the budget using the fund.
Sen. Lesil McGuire, an Anchorage Republican, introduced Senate Bill 114 in April.
Sen. Lesil McGuire, R-Anchorage, in the Senate State affairs committee, Jan. 28, 2016, during discussion of SB 128. (Photo by Skip Gray
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