The House Finance Committee passed its version of the proposed operating budget on Friday. The more than $11 billion proposal now heads to the House floor to be debated before being passed off to the Senate. Less than the $3,500 Permanent Fund dividend Gov. Mike Dunleavy introduced in his proposed budget, the committee’s budget contains a roughly $2,300 PFD.
Committee Co-Chair Delena Johnson, R-Palmer, and others in the House majority have argued a $200 million surplus from higher oil prices the last couple of budget years paired with the House’s draft plan projecting another $152 million surplus next budget year makes the combined $2,272 PFD-energy relief check possible.The committee acknowledged the governor’s full statutory PFD would have caused a deficit of about $1 billion. However, that did not stop Rep
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: KTOOpubmedia - 🏆 439. / 53 Read more »