On Tuesday morning, members of the Senate Finance Committee from the Republican-controlled majority held a press conference defending their cuts to the state’s operating and capital budgets, including a controversial cut to education that includes the Mat-Su Borough School District. KTNA’s Phillip Manning has more.
When asked why they were holding a special press-conference on Tuesday, members of the majority caucus on the Senate Finance committee said that they felt it necessary to emphasize the severity of the state’s revenue shortfall. Pete Kelly, a Fairbanks Republican, says that the days of looking ahead to a ‘fiscal cliff’ are over.
“We’ve hit the fiscal cliff. We’ve fallen off the fiscal cliff. This is it; the time is now that we always talked about. And, this budget cycle, we have tried to respond to the fact that we’ve fallen off the cliff, and we’re trying to save Alaska’s financial future.” (more…)