I have started to try to get support for my bill to put $10 billion into the Alaska Permanent Fund. The bill is in the Powerful House Finance Committee, of which I am an insignificant member. I haven’t asked for a hearing yet; I want all the members of the House to have a chance to think about it first.
The bill has about the same chance to pass as a snowflake in Hades. There are many bills that offer us the chance to spend, spend, spend. Since spending is much more popular than saving – particularly in an election year – you can write your own script for poor House Bill 194. It won’t have a happy ending. But I’ll give you my pitch anyway.Read more