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Alaska Senate proposes cutting Permanent Fund Dividend to $1,000 amid budget deficit.
The Alaska Senate Finance Committee has proposed reducing the 2025 Permanent Fund Dividend (PFD) to $1,000 per person, the lowest in five years when adjusted for inflation, due to a severe state budget deficit.
This contrasts with the House's approved $1,400 dividend.
The Senate's move aims to balance the budget amid reduced oil revenue and will need to be negotiated with the House.
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El Senado de Alaska propone recortar el Dividendo del Fondo Permanente a $1,000 en medio del déficit presupuestario.