Alaska Senate committee drops proposed 2025 PFD to $1,000 per recipient, an inflation-adjusted low

The chairs of the Senate Finance Committee huddle for a discussion after introducing their draft operating budget, Thursday, April 24, 2025. (James Brooks/Alaska Beacon)
Amid a severe state budget deficit, the Alaska Senate Finance Committee is proposing the lowest Permanent Fund dividend in five years and — if adjusted for inflation — the lowest dividend ever.
On Thursday, the committee unveiled a new version of its proposed state operating budget with a $1,000 dividend, a $400 redu