The Institute of Social and Economic Research at UAA analyzed the side effects of various taxes and cuts being considered for a long-term state budget-balancing plan.
Economy
Tustumena replacement project out to bid, new ferry to sail in 2029
The state’s project notice calls for the new mainliner ferry to be completed by the beginning of 2029 with an estimated price tag of more than $300 million.
Dunleavy introduces sales tax, new dividend formula and other pieces of fiscal plan
“I want to stop our fights over the PFD and the Permanent Fund,” Dunleavy said in his State of the State speech on Thursday.
Investigation continues over massive oil rig toppling on North Slope as Nuiqsut residents raise concerns
The Department of Environmental Conservation said it has been unable to get close to the wreckage, due to worries that metal from Rig 26 might fall on response team members.
The Pentagon is reviewing a program that helps Alaska Native corporations get federal contracts
Secretary of Defense Pete Hegseth announced the review last week, calling the business development program “the oldest DEI program in the federal government.”
Alaska lawmakers fail to override Dunleavy’s veto of corporate income tax bill
The attempt to override Dunleavy’s veto fell 10 votes short. House Speaker Bryce Edgmon said it foreshadowed difficult debates over the governor’s forthcoming fiscal plan.