Dunleavy's Final Budget: Deficit or Dividend?

Alaska Governor Mike Dunleavy unveils final budget, facing challenges and tensions in his last year in office. With declining oil prices and rising costs, Dunleavys budget proposal comes at a critical time. Despite initial cuts during his first term, Dunleavy has avoided large-scale reductions since, but also shied away from major revenue measures. His second term has seen lower oil prices and a need to fund aging infrastructure, yet he has rejected lawmakers ideas for increasing state revenue. Dunleavys proposed budgets have massive shortfalls, with lawmakers only avoiding deficits by reducing the dividend. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.