| “Re-plumbing” the Permanent Fund is the most significant piece of Walker’s plan to close the budget deficit, projected to be $3.5 billion in Fiscal Year 2017. Attorney General Craig Richards told State Affairs members Tuesday that SB 128 will transition Alaska from an oil-based budget to one based on financial assets.
Stocks have performed better than oil since the Great Depression. They have significantly outperformed oil since about 1950, as Harvard Kennedy School of Government Fellow Malan Rietveld showed the committee...............................................Full Article: Source
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