Gov. Dunleavy vetoes $525 Permanent Fund dividend and $215 million in programs, projects
Alaska Gov. Mike Dunleavy vetoed the 2021 Permanent Fund dividend plus another $215 million in spending, he said Thursday.
The dividend was set at $1,100 by lawmakers, but Republican opposition to that amount meant that the dividend was not fully funded and was reduced to $525 per recipient.
Dunleavy called that figure “a joke” and said the state needs to have a reliable dividend formula rather than have the annual amount set by lawmakers.
“We need to have a PFD that is going to follow a formula, not just picked out of the air, but actually follow a formula. This $500 is really picked out of the air. It doesn’t follow any formula at all,” he said.
Read more: https://www.adn.com/politics/2021/07/01/2021-permanent-fund-dividend-among-alaska-gov-dunleavys-state-budget-vetoes/
(Anchorage Daily News)