May 22, 2017 •
Alaska Government Shutdown Looms as Lawmakers Unable to Compromise
Gov. Bill Walker ordered Alaska legislators into a special session just minutes after the regular session adjourned.
Lawmakers have been unable to agree on how to resolve the state’s annual $2.7 billion deficit. Majority House Democrats proposed a state income tax as well as cuts to oil and gas subsidies, while Republicans in the Senate Majority favored budget cuts and spending from the Permanent Fund’s investment earnings.
Alaska’s fiscal year begins July 1, giving lawmakers just over a month to make a deal.
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