Jonathan Williams in The Hill: Alaska’s Budget Battle
In his latest piece, ALEC Chief Economist Jonathan Williams explains the current budget battle taking place in Alaska.
Families and businesses must tighten their budgets when their income decreases, but governments don’t always follow the same practice. Right now, Alaska is ground zero for the public policy debate on what to do when your spending exceeds your income.
Gov. Mike Dunleavy put forward a budget this year to help Alaskans keep money in their pockets, instead of creating new taxes. But some government spending was cut in his plan. As you might imagine, those receiving government spending in Alaska didn’t support that — they’re the beneficiaries.