Murkowski: Alaska Needs Long-Term Fiscal Plan
Anchorage News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
U.S. Senator Lisa Murkowski urges Alaska lawmakers to develop a stable long-term fiscal plan amidst shrinking federal budgets and volatile oil prices. She warns against relying on oil windfalls and emphasizes the need to avoid boom-and-bust cycles. Murkowski criticizes the state for lagging matching funds and unreliable ferry bets, which could lead to a $78 million deficit. She also highlights the importance of handling new rural health cash correctly to avoid losing it. Murkowski, who previously pushed for an income tax in the legislature, calls for building political will to break the fiscal cycle.
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