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My Turn: Controversial ideas needed during tough times

...we'll exhaust our savings accounts in three of four years and face additional budget tightening next year. Even if oil prices recover to, say $90 per barrel, our deficit will be in the $2 billion range.Most of the commotion surrounding the...
Special session kicks into gear Tuesday

...effort to cut costs and reduce the size of government as the state grapples with a multibillion-dollar deficit amid low oil prices.Walker's budget, like the compromise plan, would not forward-fund education for fiscal year 2017, his budget...
Alaska Senate approves budget; proposal now goes to House

...said the one-time funds were approved at a time when oil prices were much higher and the state was in a different situation...Senate voted to authorize the draw.The dramatic fall in oil prices since legislators finished their work last April has...
My Turn: Anger over education cuts are justified

...As I said in a previous column, if the oil companies can adjust their workforce due to these difficult times of low oil prices, why shouldn't the state do likewise and adjust tax credits. Instead, according to Sen. Pete Kelly, R-Fairbanks...
Leaders raise potential of budget vote without reserve draw

...Republican leaders have bristled at adding to the budget in the face of multibillion-dollar deficits given the fall in oil prices.House Democrats say they've offered alternatives to offset items they would like to see restored or added to the...
Airlines soar to record profits

...profits keep coming, thanks to cheaper jet fuel.Like motorists, airlines have been saving money at the pump since oil prices began plunging last summer. Even with a recent increase, the spot price of jet fuel is down 40 percent since September...
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Empire Editorial: When is it time to talk 'revenue'?

...gasline is perhaps the best replacement for dwindling oil prices, and it's the sort of big idea we need right now...balloon to unsustainable levels thanks to years of high oil prices and the naivety they would never again fall.It's...
Fliers get a bit of relief as summer airfares fall

...higher than it was in 2012. European trips are $60, or 3.9 percent, more expensive.Travelers can thank lower oil prices and more seats on planes for keeping this summer's airfare in check.Airlines at the start of the year paid $2...
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House Democrats, Walker see Medicaid expansion as priority to cover the state government's costs. The state is facing a projected multibillion-dollar deficit amid low oil prices.Fifteen of the Senate's 20 members are in the majority, and caucus rules call for members to vote for the budget...
End of session news guide

...Alaska's budget deficit amid a crash in oil prices.Here is a rundown of some of the...have predicted the free-fall in oil prices that exacerbated Alaska's deficit...oil to fund state government, and oil prices are roughly half of what they were...
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