April 28, 2016

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Rep. Spohnholz newsletter

Rep. Spohnholz’s Newsletter: Day 100 and Counting

It’s time for the total package!

Alaska has a $4.1 billion deficit due a budget that has been over reliant on one source of revenue—oil—which is at historically low prices right now. Oil is not projected to get above $50 per barrel anytime in the next 10 years, so we can’t just hope for prices to rebound. We only have enough funds on hand to cover about 25% of Alaska’s budget.

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Phone
Phone: 907-465-4451
Fax: 907-465-3445

Address
State Capitol Room 208
Juneau AK, 99801