This week two state lawmakers voiced very different opinions on government spending. Their comments illustrate the depth of the divide over Alaska’s fiscal and economic crisis.
While consumers continue to spend, business investment was down, suggesting that companies are growing nervous about the future.
The across the board government spending cuts go into effect two weeks from Friday. This week President Barack Obama proposed a short term mix of spending cuts and tax increases to delay the sequester, but Republicans on Capitol Hill called it dead on arrival.