HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » Alaska (Group) » CBS Evening News had a go...

Thu Apr 28, 2016, 10:09 PM

CBS Evening News had a good story tonight about Alaska's fiscal crisis.

http://www.cbsnews.com/videos/alaska-budget-drying-up-as-oil-prices-continue-to-fall/

2 replies, 1374 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
Reply CBS Evening News had a good story tonight about Alaska's fiscal crisis. (Original post)
Blue_In_AK Apr 2016 OP
GP6971 Apr 2016 #1
Blue_In_AK Apr 2016 #2

Response to Blue_In_AK (Original post)

Thu Apr 28, 2016, 10:20 PM

1. I saw it

and it sounds pretty dismal. They don't have a lot to look forward to.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GP6971 (Reply #1)

Thu Apr 28, 2016, 11:14 PM

2. Yep, it's pretty bleak,

and our Republican legislature seems hellbent on not doing anything about it at all since it's an election year. We are in the crazy position right now of giving the oil companies more in credits and incentives to produce (almost $900 million a year) than we're getting back in revenue. In other words, we'd be better off telling them to take a hike and desert the North Slope rather than have them continuing to operate here. It's pretty crazy. Any good ideas that the few Democrats in the legislature have had don't even make it to the floor.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread