Facing First Cuts In Years, Alaska Lawmakers Tackle The Budget

Right now, the Legislature is facing a deficit that some leaders are describing as a “$4 billion problem.” With oil prices half what they were a year ago, lawmakers are having to cut agency budgets for the first time in years.

Today, the finance committees in the House and the Senate held their first hearings on the operating budget. APRN’s Alexandra Gutierrez was there, and joins us to talk about the Legislature’s approach.

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