The 2017 2nd Special Session ends tomorrow
Even if we achieve passage of legislation to end the cashable credits for oil companies tomorrow on the last day of the 2nd Special Session of 2017, we still have no capital budget, no agreement on Permanent Fund dividends and no new revenue. Failure to act swiftly and firmly will likely result in yet another downgrade, in addition to the lost opportunities for claiming Alaska’s share of federal funding for infrastructure and the associated jobs.
We’ve said it so often it sounds corny but this is not the time to continuing kicking the can down the road. There is no more road left, and we must stabilize our economy. I think it can happen but every day of delay is excruciating.
I believe the House Majority Coalition showed great courage in passing a full fiscal plan and I call on the leadership of the Senate Majority to join them.
I'm Berta and I'm listening,