Rep. Josephson’s Newsletter: WE’RE IN! Alaska is now the 30th state to accept Medicaid expansion

Rep. Josephson's Newsletter

Today, Alaska Governor Bill Walker announced plans to take advantage of federal funding to expand eligibility for Medicaid in Alaska. This action is supported by the Alaska Independent Democratic Coalition, which made Medicaid expansion a priority during the First Session of the 29th Alaska Legislature. Medicaid expansion comes with tremendous benefits including over a billion dollars in new federal revenue over the next six year, the creation of 4,000 jobs, and $1.2 billion in additional wages and salaries. Studies suggest Medicaid expansion would result in $2.49 billion in increased economic activity across Alaska.

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NEWS: New Report Questions Wisdom of Large Oil and Gas Tax Credits

Rep. Andy Josephson

ANCHORAGE – A new report from the Alaska Department of Revenue shows a substantial negative effect on the finances of the State of Alaska from large oil and gas tax credits. The report concludes that North Slope oil and gas production tax credits may be an inferior investment for Alaska compared to investing in the Constitutional Budget Reserve Fund. 

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