{"id":45793,"date":"2019-04-03T05:30:00","date_gmt":"2019-04-03T13:30:00","guid":{"rendered":"https:\/\/www.juneauempire.com\/news\/capitol-live-budget-process-heating-up\/"},"modified":"2019-04-03T14:52:12","modified_gmt":"2019-04-03T22:52:12","slug":"capitol-live-budget-process-heating-up","status":"publish","type":"post","link":"https:\/\/www.juneauempire.com\/news\/capitol-live-budget-process-heating-up\/","title":{"rendered":"Capitol Live: Budget process heating up"},"content":{"rendered":"

2:26 p.m.<\/strong><\/p>\n

The House Finance committee is gaveled back in from this morning.<\/p>\n

Carpenter has proposed an which would cut school bond reimbursement funding completely, but they’re discussing an alternative amendment that would only cut that by 50 percent, rather than 100, a change of about $50 million rather than $100 million.<\/p>\n

Cutting school bond debt reimbursement funding would raise municipal taxes, Josephson says.<\/p>\n

“If we stop spending money that we don’t have it will be a shift to others who will also have to be fiscally responsible in choice… while we may be thinking about $250 or $500 increase in taxes at the local level, what you’re doing away with for a family of four would be $12,000 in PFD checks,” says Carpenter.<\/p>\n

Rep. Knopp says Alaska wants a step-down approach, and this would do just that.<\/p>\n

— Mollie Barnes<\/em><\/p>\n

1:27 p.m.<\/strong><\/p>\n

There’s a video that’s been making the rounds on social media called “A Love Letter to Alaska.”<\/p>\n