Alaska's Fiscal Crisis
In 2017, RDC has two legislative priorities:
• Advocate to limit unrestricted general fund (UGF)* spending to sustainable level of $4.1 billion or less.
• Advocate for tax policy and regulatory stability that enhances the State of Alaska’s competitiveness for all industries to attract new investment and grow the economy.
Alaska’s budget policy should focus first on reversing the unsustainable budget by finding efficiencies and focusing on a series of annual reductions. It must include framework to use the Permanent Fund earnings to support essential services. Finally, after reducing the UGF to sustainable levels, additional, broad-based revenue options should be considered.
What Does it Take to Build a Healthy and Sustainable Economy? (video) (pdf)
Joint Fiscal Plan Letter To Governor Walker and Alaska Legislature
Alaska's Economy: Urgency for a Stable Fiscal Future
The More Things Change, The More They Stay The Same
Alaskans on the State of the State (pdf)
The Path to a Fiscal Solution: Use Earnings from All Our Assets