Washington, DC (KINY) Alaska senators Lisa Murkowski and Dan Sullivan both voted in favor of the Fiscal Year 18 budget resolution Thursday night.
U.S. Senator Dan Sullivan said the budget lays the foundation for tax reform, and could unlock Alaska's energy potential. "Today I was pleased to vote for a fiscally responsible budget that will curb out-of-control spending, protect Social Security, strengthen Medicare and bring robust economic growth to America, all without raising taxes on hardworking Alaskans,” Senator Sullivan said. “Today’s effort will begin the process of allowing hardworking Americans to keep more of their pay check.”
Included in the bill are instructions to the Senate Energy and Natural Resources Committee to find $1 billion in additional revenues through increased resource development, including the 1002 Area of Alaska's North Slope. “This resolution is another key step that we’ve recently accomplished in a decades long fight to allow Alaskans to produce energy in our state – something that Alaskans, democrats, republicans, independents, overwhelmingly support,” said Senator Sullivan. “More American energy production means more good-paying jobs, increased economic growth, and a stronger national security. More American energy production will also help to generate wealth, decrease our federal deficit, while fostering a more sustainable global environment. Because no one in the world produces energy more responsibly than Alaskans and Americans.” The budget resolution passed 51-49.
U.S. Sen. Lisa Murkowski, R-Alaska expressed similar sentiments about the positive impacts this plan could have on our state, “This budget resolution offers a tremendous opportunity to secure the future of Alaska, from long overdue federal tax reform to responsible energy development in a small part of the non-wilderness 1002 Area,” Murkowski said. “Tonight was just the first step, but we are now on a path that will allow us to create jobs, generate new wealth, keep energy affordable, and protect our national security.” Murkowski is the chairman of the Senate Committee on Energy and Natural Resources, which is instructed to raise $1 billion in the FY 2018 budget resolution.