Frontiers Preview: Pondering the future of the Alaska Permanent Fund

posted by Rick Rydell -

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The Alaska Permanent Fund has been like a golden goose for the state. Over the years, it’s paid out nearly $22 billion in dividends and grown to about $65 billion.This year, the dividend program is at a historic crossroads. For the first time, the state must tap the earnings of the fund – to cover a massive budget deficit.Ever since the price of oil crashed in 2014, the state has drawn down its main savings account, the Constitutional Budget Reserve and now has nowhere else to turn. 

Frontiers Preview: Pondering the future of the Alaska Permanent Fund

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Rick Rydell

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