Browsing Reports by Subject "federal spending"
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Federal Spending and Revenues in AlaskaThis report describes the flows of federal money in and out of Alaska. The report focuses on the period from 1983 through 2002 to identify patterns and changes in federal spending in the state. The report identifies the major components, departments, programs, and types of federal spending in Alaska and describes how each has changed over time. This analysis provides the basis for understanding the significant role the federal government has played in the Alaska economy
How Vulnerable Is Alaska's Economy to Reduced Federal Spending?About a third of all jobs in Alaska can be traced to federal spending here—and over the past decade the rapid increase in federal spending drove much of the economic growth. Federal spending in Alaska more than doubled between 1995 and 2005, and in 2006 it was $9.25 billion. But now federal spending here has stopped growing, and many Alaskans are worried that the economy is vulnerable to spending cuts as the federal budget tightens. This analysis estimates that Alaska could be vulnerable to federal spending cuts in the range of $450 million to $1.25 billion—which could cost the economy anywhere from about 7,000 to 20,000 jobs in the future. We estimate potential vulnerability as a range, because it’s impossible to predict with any precision how federal spending will actually change. The best we can do is estimate the likely magnitude of reductions, given federal budget problems.
What Does $7.6 Billion in Federal Money Mean to Alaska?The federal government spent $7.6 billion in Alaska in 2002. To get an idea of how big that is, look at the graph to the right, comparing it with some other sources of money in Alaska. This summary—based on a new ISER study —reports how the federal government spends money in Alaska and how much the state’s economy depends on that spending. The short answer: a lot. This summary is based on the ISER report, Federal Spending and Revenues in Alaska (2002).