More misleading statements. The CBR is MUCH higher now than it was at the beginning of the budget year and will end the year substantially higher (unless the state stops pumping oil altogether between now and June 30, 2009).
It is true that there are challenges going forward in the new budget for Gov. Palin and Alaska. If the oil price is significantly below $60/barrel in the NEXT budget year, some very tough decisions will have to be made.
Agreed. I should not have said that about this year.