Economists: Budget vetoes could result in job losses
July 11, 2019
ANCHORAGE, Alaska (AP) — Budget vetoes of $444 million by Alaska’s governor could cause widespread job losses, economists said.
Analysts and business leaders predict lost jobs are only one of the consequences of Republican Gov. Mike Dunleavey’s vetoes, The Anchorage Daily News reported Wednesday.
Losses from the vetoes would be roughly between 4,500 and 7,000 jobs, according to an analysis by the University of Alaska Anchorage Institute of Social and Economic Research.
Higher local property taxes could also result from the 182 line-item vetoes announced June 28, observers said.