Reporters press Dunleavy on multi‑billion long‑term deficits; governor points to resource development and carbon monetization

Dec 18, 2024

Multiple reporters highlighted the administration's 10‑year plan that shows growing deficits; Governor Dunleavy argued the solution is to increase resource production (oil, gas, timber, mining) and pursue carbon monetization rather than taxes, and he declined to propose income or sales taxes in the budget.

The full story

Reporters raised repeated concerns about the administration's 10‑year plan, which several journalists cited as showing a structural deficit that grows to the billions by the 2030s and would exhaust the Constitutional Budget Reserve (CBR) under current assumptions. Mark Sabatini and Sean Maguire pressed the governor on whether he considers that long‑range outlook responsible and what policies he plans to introduce to avoid leaving the next governor with similar fiscal challenges.

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