Alaska's Fiscal Crisis Demands Tough Choices | Anchorage News

Alaska’s economy is in deep trouble, held back by a chronic budget deficit that’s crippling everything from education to infrastructure. Without a balanced budget and real cooperation between the governor and Legislature, the state’s future looks bleak—Anchorage’s flat economy and shrinking schools are just symptoms of a statewide crisis. Fixing it means choosing from tough options: cut the dividend, impose new taxes, raise oil revenues, or slash spending—none of which are popular, but all necessary. Bill Walker proved he can make hard calls, like vetoing part of the dividend in 2016 to protect the state’s finances. When picking a governor, look for someone with a realistic, multi-pronged plan—not a magic bullet or fantasy pipeline. Walker’s track record shows he’s ready to lead through the storm. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0794d50c16d60d38