Governor: ‘This is a dark day for the PFD’

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Gov. Michael Dunleavy today indicated he will veto some or all of the State spending add-backs that have come from the House and Senate in the appropriation bill that passed the Senate today.

Dunleavy hasn’t said how much he’ll veto. He simply said that expects to get the bill soon, and he intends to work it over.

His message during today’s press availability was to supporters of the Permanent Fund dividend: He is disappointed. The passage of a $1,600 dividend this year, instead of the statutory calculation of $3,000, has turned the dividend program into more of a social welfare line-item, rather than an actual dividend coming from oil production.

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