The Republican-led House majority caucus took a major step Tuesday to execute its plan to use the Alaska Permanent Fund to get access to money with which to balance this year's budget, but critics from both outside and inside the caucus have expressed concerns that the plan could threaten future dividend payments.
If oil prices rebound in fiscal year 2017, per barrel tax credits for the major Alaska oil producing companies are expected to climb by about $700 million a year to $1.2 billion, while production tax revenue is expected to climb from about $300 million in 2016 to $800 million in 2017. That's if oil prices rise by about $25 a barrel from where they are today. Dermot Cole
The U.S. Senate failed to find a path forward on expiring government authority to collect citizens' phone records, passing neither of two bills on the table in the early hours of Saturday morning.Erica Martinson
Alaskans unleashed a month's worth of pent-up opinions on their legislators Friday, giving them an earful about what they think has happened since the last time a legislative committee heard public testimony.Pat Forgey