The House of Representatives in Alaska, on March 25 1976, passed a change to the state constitution that would later become known as the Permanent Fund. The vote was 36‑1, with only one legislator opposing it. That single “no” came from Nels Anderson of Dillingham, who feared the state’s pipeline wo
Alaska made a wise choice half a century ago. Back in 1976, when the state was still new, voters decided to save some of their oil and mineral money for the future. This decision led to the Alaska Permanent Fund, a smart way to manage resources that won't last forever. The fund started small, with
Alaska's Permanent Fund Dividend (PFD) has been a lifeline for many families, but recent years have seen it shrink to an all-time low of $1, 000. This has left many Alaskans struggling to make ends meet. The main issue? Oil prices have dropped, and the state's budget relies heavily on them. But ther
