Today, the House voted to leverage federal funding to address the Coronavirus in Alaska. With massive decline in oil prices and a collapse of the stock market, the budget has deteriorated to the point we may not be able to afford a PFD this year.
The operating budget, HB 205, passed the House last week and is now in the hands of the Senate.
This year, the House budget process went very quickly. I felt that there was a broad sense of cooperation and respect in the crafting of this year’s budget.
JUNEAU – In response to growing concerns over potential impacts of COVID-19 on Alaska, lawmakers today approved a budget that includes money needed to prepare for the disease which has now been declared a global pandemic by the World Health Organization.
