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flag Alaska Senate proposes cutting Permanent Fund Dividend to $1,000 amid budget deficit.

flag 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. flag This contrasts with the House's approved $1,400 dividend. flag 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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