This coming Tuesday evening Alaska Common Ground is hosting a post-election panel discussion on Alaska’s fiscal situation. On the panel are Senate President Kevin Meyer, Rep. Ivy Spohnholz, Rep.-Elect Jennifer Johnston, State Tax Division Director Ken Alper.
According to the invitation (at left), the question being put to the panel is this:
The State of Alaska’s deficit this year is more than two-thirds of the budget, and this is the fifth year in a row savings have financed the deficit. Those savings we have relied upon to finance the deficit look very likely to run out in less than two years. What is the plan to avoid having the budget airplane crash into the fiscal cliff?
While artfully phrased, the set up — “the savings we have relied upon” — leaves a significantly misplaced impression. Continue reading