Walker seeks Permanent Fund earnings for budget, but leaves gap

Gov. Bill Walker spoke to reporters in June, announcing $1.29 billion in budget vetoes, including a $1,000 cap on the PFD. Lt. Gov. Byron Mallott is on the left. He aimed to enshrine changes to the Permanent Fund in state law through his new budget proposal. (Photo by Rachel Waldholz/Alaska’s Energy Desk)
Gov. Bill Walker proposed a state budget that again seeks to draw nearly $2 billion from Permanent Fund earnings, and cap Permanent Fund dividends. But Walker left an $890 milli