News Formal

Permanent Fund earnings could run dry by 2026

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

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 460. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: cnnbrk - 🏆 393. / 55 Läs mer »