It can be added, but as of right now there’s no vehicle to pay out this year’s PFD on the table—or restore the Power Cost Equalization program.
Turns out the governor and attorney general did not, in fact, find a clever way around the Alaska Constitution.
Care about the future of the PFD? The future of the state services? The future of taxes? Or how about whether there’ll even be a future?
The dividend is set at $525 as dozens of other programs face an uncertain future.
Hopes to be done by Memorial Day have gone the way of the 90-day special session.
Somehow the governor’s team figured out a pain-free plan to pay out huge dividends. Someone should get ahold of the legislators who’ve been pushing far more modest plans to let them know they can have their cake and eat it too.
The proposal would require people returning from unemployment to work at least 30 hours a week for a month to qualify. People working between 20 and 30 hours would get $600.
The dividend and the overdraw, however, are far from final because the operating budget is already headed to negotiations with the House where it could change dramatically.
“When you shove the operating budget, the capital budget and the PFD just like you shove a duck in a chicken in a turkey, that’s what this bill is.”
It needs to make a speedy trip through the Senate if they hope getting it passed by the end of session.