Anchorage senator proposes $900 PFD check
This amount of this year's Permanent Fund dividend has been debated by lawmakers in Juneau, with some wanting a $3,000 check and others fighting for $1,600. But one senator is proposing a lower amount.
Sen. Chris Birch, R-Anchorage, is proposing a $900 Permanent Fund dividend check. He says that revenues minus expenditures would allow a $900 dividend without dipping into the earnings reserve, leaving the state with a balanced budget.
"We have a duty and responsibility to our children and their children to make sure that we don't deplete our $65 billion savings account by running through the earnings reserve in the same manner that the constitutional budget reserve was expended over the last few years," said Sen. Birch.
The answer to coming up with a budget solution, Birch says, is breaking the dividend away from the operating budget so lawmakers can discuss the two separately.
Copyright 2019 KTVA. All rights reserved.