Gov. Mike Dunleavy says the first thing the Alaska Legislature should do on the budget in 2025 is approve a $50 million transfer to the Alaska Industrial Development & Export Authority to pay the potential cost for a gasline study.
This is urgent, according to Dunleavy, which is why it is the major element in his so-called “fast track’ supplemental budget.
AIDEA doesn’t need the money.
Instead of giving more to AIDEA, the Legislature should be looking at tapping into the AIDEA cash reserves of more than $600 million to reduce the deficit and pay for state services.
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