Tag: permanent fund

Stedman returns to Senate finance committee chairmanship

Stedman is no stranger to co-chairing the Senate Finance Committee. He served as co-chair from 2007 to 2012 at a time of surpluses for Alaska. He returns in a time of recession. State savings has depleted to $2 billion. While many want to tap the Permanent Fund, Stedman thinks there should be a constitutional protection in place to cap withdrawals at a certain level. Read More
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