In Alaska’s topsy-turvy House, legislators are at odds over how much to bank on the Iran war

By: Corinne Smith, James Brooks

Outlets: Alaska Beacon

Published: March 14, 2026

Words: 1,107

Last Updated: 4 months, 3 weeks ago

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A potential $500 million windfall is giving the Alaska House of Representatives a headache.

On Friday, the Alaska Department of Revenue released a forecast predicting that the state of Alaska will collect hundreds of millions of dollars more oil revenue by June 30 than previously expected.

That forecast landed in the middle of an ongoing debate over whether or not to spend from savings to cover almost $530 million in extra expenses, largely …

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