Rep. Wool’s June 26th Newsletter: Budget Compromise Reached

Rep. Wool Newsletter

I am excited to finally be returning to my family in Fairbanks, hopefully to enjoy the remainder of the summer at home; but of course I don’t know when I might have to go back to Juneau. I hope you have been taking advantage of these long summer days to spend time with your friends and family.

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Rep. Wool’s Newsletter: Governor Calls Special Session May 18th

Rep. Wool Newsletter

The extended legislative session is over and the House and Senate failed to agree on a fiscal plan. The Senate majority thinks the state should close most of the $2.5 billion deficit this year with a combination of spending cuts to education and using the Permanent Fund’s investment earnings. To close the remaining deficit of about $500 million, the Senate is putting faith in a “drain and pray” plan: drain state savings and pray for higher oil prices or a large production increase. I think this is a very dangerous and irresponsible bet to make.

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Rep. Wool’s April 20th Newsletter: Alaska State House Working to Solve Alaska’s Fiscal Gap

Rep. Wool Newsletter

Day 90 has passed and the Legislature is still in session. I’d prefer that the Legislature get its business done within the voter-mandated 90 days, but the state Constitution allows the Legislature to continue until Day 121. This year we were presented with a huge challenge so it’s no surprise that we are here in Juneau past day 90 and that’s OK. This is a very important time for our state and we need to make the big and difficult decisions before we adjourn. Even though I really want to be back in Fairbanks with my family and looking after my business I also realize the importance of what’s in front of us.

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