Permanent Fund earnings could run dry by 2026

  • 📰 AKNewsNow
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Alaska Permanent Fund could run dry by 2026:

During a regular APFC Board of Trustees meeting this week, CEO Deven Mitchell presented three scenarios of how the next upcoming fiscal years could go — including one in which the state would run out of funds generated by Permanent Fund earnings in the next few years.

“It’s just basic math,” Wielechowski said. “The state is pulling out more of the earnings than are coming in.” An Institute of Social and Economic Research at the University of Alaska Anchorage report titled “Permanent Fund Dividends and Poverty in Alaska” shows the Permanent Fund dividend has a direct impact on decreasing poverty in the state — especially in rural areas.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 460. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Disney extends CEO Bob Iger's contract through 2026 | CNN BusinessThe Walt Disney Company’s board has unanimously voted to extend CEO Bob Iger’s contract through the end of 2026 — an extension of two years.
Bron: cnnbrk - 🏆 393. / 55 Lees verder »