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What others say: Governor's conference will begin much-needed revenue discussion

...all sectors of its residents and industries. Gov. Bill Walker's conference next weekend is an important step in a long-overdue conversation on how Alaska can move forward as oil revenues wane.- Fairbanks Daily News-Miner,May 31
Legislators may get last word on gasline funds

...action.Legislators had to first fund the deficit for the current state fiscal year 2015, which ends June 30. With oil revenues for the year now estimated at about $2.2 billion, the 2015 deficit is now estimated by the Department of Revenue...
Legislature headed for overtime

...dominant issue has been the budget and trying to cut spending amid a crash in oil prices. Alaska, which relies heavily on oil revenues to fund state government, is facing projected multibillion-dollar deficits.The focus has been on spending cuts...
Alaska's Senior Senator visits Kenai Peninsula

...cuts are scary out there right now driven because we are a state where close to 90 percent of our budget comes from oil revenues. We have what people around the country need. We have oil, natural gas, trees, coals, minerals. Everybody can...
Report: Low taxes lulled as budget swelled

...compensation.Wohlforth told the RDC that a critical need is to somehow restart citizen engagement with state government. Oil revenues gushed into the treasury in 1980 and the state's income tax was repealed shortly after, but even in those years there...
Oil tax reform keeps Alaska in the game

A state that is 90 percent dependent on oil revenues cannot afford to lose 200,000 barrels of production each day - and continue to prosper.Yet that has been the state's fate...
With oil prices dropping, Walker stops spending on mega-projects

...oil-rich states survive the downturn may hinge on how much they saved during the good times, and how much they depend on oil revenues. Some states, such as Texas, have diversified their economies since oil prices crashed in the mid-1980s. Others...
Officials: Parties moving ahead on Alaska gas project

...see the gas project as the state's best hope for significant additional revenues. Alaska, which relies heavily on oil revenues to fund state government, is facing projected multibillion-dollar budget deficits, exacerbated by the crash in oil...
Murkowski pushes back on federal government in speech said it voluntarily agreed to contribute $8 million to a compensatory mitigation fund.Alaska relies heavily on oil revenues to fund state government, and the trans-Alaska pipeline is its economic lifeline. Alaska changed its oil tax structure...
Using oil as political leverage Big Oil has warned Alaskans to lower taxes on our oil, or face a going out of business situation for oil revenues in Alaska. Our state reps are trying to figure out exactly what should be done concerning this threat against We Alaskans...


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