The Permanent Fund, Alaska’s Nest Egg
The Permanent Fund has been accurately described as Alaska’s Nest Egg. It took our limited natural resource of oil and has turned it into a $45 billion fund that provides annual dividends and helps to build schools and hire police officers. The ‘permanent funds’ of all other states combined is still smaller than ours! And legislators must protect the permanent fund for future generations of Alaskans. Less money from oil revenue and massive tax breaks for big oil corporations will put the permanent fund and PFD’s in jeopardy in the future. I hope legislators and the public are wise about how we preserve our Nest Egg for generations of Alaskans yet to come.