π™π™žπ™§π™¨π™©, we update the 10-year outlook for the most recent $$oil futures prices and other updated information (now using the #AKGov's enacted budget for spending levels). Currently, the state is running an average annual π™™π™šπ™›π™žπ™˜π™žπ™© over the next 10-year period of $1.56 billion (26% of the UGF budget, ~3.7% of Alaska AGI, ~2.3% of Alaska Private Sector GDP).

2/4

The @nytimes looks at Alaska, focusing on the state's fiscal situation. The interesting thing? While it notes that 17 people are running for #AKgov, it can't find one who is actually offering a comprehensive plan to deal with it. #akleg https://buff.ly/urvqAvA
A Critical Political Season Could Decide if Alaska Is a Failed β€˜Petrostate’

A governor who spent two terms cutting services to preserve Alaskans’ oil-funded annual checks is leaving office. Voters must now decide what comes next for the state’s faltering fiscal model.

The New York Times

π™π™žπ™§π™¨π™©, we update the 10-year outlook for the most recent $$oil futures prices and other updated information (now using the #AKGov's enacted budget for spending levels). Currently, the state is running an average annual π™™π™šπ™›π™žπ™˜π™žπ™© over the next 10-year period of $1.43 billion (24% of the UGF budget, ~3.4% of Alaska AGI, ~2.1% of Alaska Private Sector GDP).

2/4

π™π™žπ™§π™¨π™©, we update the 10-year outlook for the most recent $$oil futures prices and other updated information (now using the #AKGov's enacted budget for spending levels). Currently, the state is running an average annual π™™π™šπ™›π™žπ™˜π™žπ™© over the next 10-year period of $1.42 billion (23% of the UGF budget, ~3.3% of Alaska AGI, ~2.1% of Alaska Private Sector GDP).

2/4

π™π™žπ™§π™¨π™©, we update the 10-year outlook for the most recent $$oil futures prices and other updated information (now using the #AKGov's enacted budget for spending levels). Currently, the state is running an average annual π™™π™šπ™›π™žπ™˜π™žπ™© over the next 10-year period of $1.71 billion (28% of the UGF budget, ~4.0% of Alaska AGI, ~2.5% of Alaska Private Sector GDP).

2/4

π™π™žπ™§π™¨π™©, we update the 10-year outlook for the most recent $$oil futures prices and other updated information (now using the #AKGov's enacted budget for spending levels). Currently, the state is running an average annual π™™π™šπ™›π™žπ™˜π™žπ™© over the next 10-year period of $1.75 billion (29% of the UGF budget, ~4.1% of Alaska AGI, ~2.6% of Alaska Private Sector GDP).

2/4

π™π™žπ™§π™¨π™©, we update the 10-year outlook for the most recent $$oil futures prices and other updated information (now using the #AKGov's enacted budget for spending levels). Currently, the state is running an average annual π™™π™šπ™›π™žπ™˜π™žπ™© over the next 10-year period of $1.97 billion (32% of the UGF budget, ~4.7% of Alaska AGI, ~2.9% of Alaska Private Sector GDP).

2/4

The annual #AKdeficit is ~$1.5 billion. Rep. Galvin's income tax would raise ~$300 - $350mil. The remainder would be raised thru continued PFD cuts. The combined impact is FAR more regressive than #AKgov Dunleavy's proposed sales tax. #akleg https://alaskalandmine.com/landmines/brad-keithleys-chart-of-the-week-is-the-fact-that-legislators-live-in-a-much-different-economic-world-than-80-of-alaska-families-leading-to-deep-pfd-cuts/
#akleg & #akgov candidates cannot honestly both say they support a statutory (or even POMV 50/50) PFD and oppose taxes. The math doesn't work, ever, period. Those taking the position are dishonest with themselves and voters. https://buff.ly/aJYwWPx

π™π™žπ™§π™¨π™©, we update the 10-year outlook for the most recent $$oil futures prices and other updated information (now using the #AKGov's enacted budget for spending levels). Currently, the state is running an average annual π™™π™šπ™›π™žπ™˜π™žπ™© over the next 10-year period of $1.98 billion (32% of the UGF budget, ~4.7% of Alaska AGI, ~2.9% of Alaska Private Sector GDP).

2/4