Alaska governor paints bleak picture if deficit not solved

    Gov. Bill Walker is laying out a bleak financial picture as it becomes increasingly apparent he will not get the plan he hoped for to address Alaska's gaping deficit during this special session.

    JUNEAU, Alaska (AP) — Gov. Bill Walker is laying out a bleak financial picture as it becomes increasingly apparent he will not get the plan he hoped for to address Alaska's gaping deficit during this special session.

    Walker says his administration has done everything it could to get lawmakers to address revenue generating measures like a sales tax and using earnings from the Alaska Permanent Fund. He says lawmakers hold Alaska's future in their hands.

    Little has happened since the special session started Monday. Walker says he heard the session could end by Friday. He questioned the usefulness of calling legislators into another special session if they don't pass a plan.

    Walker's administration says a major state savings account could be depleted next year. After that, without a plan, there would be drastic cuts to school funding, many health programs would be reduced or end and thousands of state employees would lose jobs.

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