Daily Archives: January 7, 2013

Alaska Fiscal Policy| The Fairbanks News-Miner Gets It

Web Note 14 10-year chartIn an editorial Sunday, the Fairbanks News-Miner focused on fiscal reform, the issue that, in my opinion, is the most important this coming legislative session (yes, even more important than oil tax reform, although that is a close second).

I have only one disagreement with the editorial — the assertion that “the crisis is not yet upon us.”   As the graphic from the ISER study discussed in the editorial makes clear, the deficits are clearly in sight and the only time to address them is now, while oil revenues remain relatively high.  But other than for that matter of perspective, the News-Miner gets it.  The full editorial follows: Continue reading