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Story summary
- Former Governor Bill Walker and former Revenue Commissioner Randy Hoffbeck, running for Alaska governor and lieutenant governor, propose a $10,000 Permanent Fund dividend, arguing the dividend debate blocks fiscal solutions and that the payment could free earnings.
- The payout would draw over $6 billion from the Permanent Fund’s Earnings Reserve Account.
- Walker says the plan would be put to a survey on dividend application and would need a three-fourths legislative vote.
