Alaska
Opinion: Alaska’s win-win constitutional solution – Homer News
Opinion: Alaska’s win-win constitutional solution
Published 1:30 am Thursday, May 21, 2026
Alaska’s Legislature just wrapped another budget cycle with the same tired script. Cut the Permanent Fund Dividend to fund government, or cut government to fund the dividend.
Every proposal forces Alaskans to lose so someone else can win.
Senator Robert Myers captured our fiscal crisis perfectly in a recent article: “Our constitution says we are supposed to manage our resources in such a way we maximize the benefits to all Alaskans. The problem is we have defined it in such a way as to mean only the maximum revenue to the state.”
The constitutional insight points toward something Alaska has never tried: a solution where everybody wins.
Ten percent of the Permanent Fund could provide Alaska families with home mortgages at 2% interest rates. The Fund would earn market returns through mortgage payments. Families would save $330,000 over the life of a typical loan. No losers. No trade-offs. No raids.
Alaska’s Permanent Fund holds more than $80 billion. Ten percent—$8 billion—could fund mortgages for 23,000 Alaska families. Current mortgage rates hover around 7%. The program would offer 2% rates to Alaska residents buying homes in Alaska.
The math favors everyone. A family borrowing $350,000 at 7% pays $2,300 per month and $830,000 in total over 30 years. The same loan at 2% costs $1,300 monthly and $470,000 total. The family saves $1,000 per month and $360,000 over the loan’s life.
Meanwhile, the Fund earns 2% annually on mortgage payments instead of hoping for higher returns in volatile markets. Stable, predictable income backed by Alaska real estate.
The program serves exactly the constitutional purpose Senator Myers described: maximum benefit to all Alaskans rather than maximum revenue to government. Jay Hammond designed the dividend as a “resource dividend” to connect Alaskans to their resource wealth. Home ownership extends the connection to where Alaskans live and build futures.
The political advantages matter more than the economics. Homeowners vote across party lines. A program saving families $330,000 on their largest expense creates a constituency defending it aggressively. Compare the Permanent Fund Dividend — legislators cut the PFD every budget cycle because families have no organized way to fight back.
The program also addresses Alaska’s most serious long-term challenge: keeping young families in the state. A $330,000 mortgage savings gives families a powerful reason to stay and build lives here rather than seeking affordable housing elsewhere.
Traditional housing programs fail because they require subsidies competing with other budget priorities. The mortgage program requires no state spending. The Fund provides the capital. The mortgages provide the returns.
Alaska’s current fiscal mess stems from treating Permanent Fund earnings as government revenue rather than people’s wealth. The mortgage program reverses the relationship. Instead of government spending Fund earnings on itself, the Fund serves Alaskans directly.
We can keep fighting over who loses, or we can try something where everybody wins.
Evan Swensen, an Alaska resident since 1957, is publisher of Publication Consultants and author of “What’s The Money For,” which examines constitutional solutions to Alaska’s fiscal crisis.
Alaska
Gas Pipeline Tax Debate Sends Alaska Lawmakers To Special Session
Alaska Gov. Mike Dunleavy (R) ordered lawmakers into a special legislative session beginning Thursday to address his alternative tax strategy for a proposed liquefied natural gas megaproject that has drawn some pushback from within his own party.
Dunleavy issued a proclamation late Tuesday bringing lawmakers back to the Capitol in Juneau to continue work on HB 381—his tax plan supporting development of the proposed $46.2 billion Alaska Liquefied Natural Gas project, or AKLNG. The multi-year initiative includes a gas treatment facility on Alaska’s North Slope, an 807-mile pipeline, and a natural gas export facility in Cook Inlet. …
Alaska
Alaska Airlines unveils modernized North Main Terminal at Seattle-Tacoma International Airport | Passenger Terminal Today
Alaska Airlines has unveiled a modernized North Main Terminal at Seattle-Tacoma International Airport (SEA), designed to improve passenger flow and prepare the airport for increased international traffic, including visitors arriving for the 2026 FIFA World Cup.
The project, known as the SEA Gateway Project, was delivered by HOK in collaboration with design-build partner Hensel Phelps. Originally built more than 40 years ago, the terminal has been reconfigured to streamline the passenger journey from curbside to security.
The redesign introduces a double-height check-in hall aimed at reducing congestion and improving sightlines. Back-of-house services have been relocated to a bridge level between the terminal and the parking garage, freeing up space within the main hall. The project also expands the check-in footprint by reclaiming underused curbside space and consolidating entry points that previously created bottlenecks.
Floor-to-ceiling windows have been added to improve visibility and wayfinding, while interior finishes, including wood paneling and local artwork, reflect the Pacific Northwest.
The terminal now includes automated bag-drop technology, allowing passengers to check luggage independently, alongside traditional staffed counters. The upgraded security checkpoint currently supports six screening lanes, with space for a seventh as demand increases.
Relocating back-of-house functions has also enabled the introduction of a remote check-in facility for passengers arriving from the parking garage or light rail, allowing them to check bags before proceeding directly to security.
“This project transforms one of SEA’s most important passenger areas into a clearer, more efficient gateway for travelers,” said Keith Hui, regional leader of Aviation + Transportation in HOK’s Seattle studio. “By opening up the terminal, improving circulation and integrating modern technology, the design helps create a seamless traveler experience.”
The project is targeting LEED Gold certification and incorporates energy-efficient systems, including high-performance HVAC, upgraded elevators and escalators, and advanced lighting controls.
Completed ahead of the 2026 FIFA World Cup matches in Seattle, the upgraded terminal is expected to accommodate increased passenger volumes and improve the experience for long-term airport users.
In related news, Long Beach Airport breaks ground on $37m concourse enhancement project
Alaska
Western Alaska high school seniors walk across the stage after tumultuous year
Each high school student carried a piece of home with them: butterflies glued to the top of a graduation cap; coin-sized photos of grandma and great-grandma dangling from a tassel; a borrowed kuspuk worn underneath a gown.
More than 200 people attended a special graduation ceremony for six Western Alaska graduates from Kipnuk, Kwigillingok and Quinhagak on Monday at the Alaska Native Heritage Center in Anchorage. A hundred more watched a virtual livestream of the event, cheering on the Class of 2026 from afar.
When the Western Alaska graduates rose from their chairs to face the crowd, the Yukon-Kuskokwim Delta community stood behind them. Gathered in the audience were not only immediate family members, but also aunts and uncles, nieces and nephews, friends visiting from out of town and a mix of teachers and counselors.
Seniors Cadence Mesak and Patty Fox anxiously adjusted their caps, gowns and hair in a mirror in preparation for photos before the ceremony. They wore the official school colors of Kipnuk’s Chief Paul Memorial School, blue and white.
Atop her cap, Mesak had adhered blue and purple butterflies, a reminder of her mother, who passed six years ago. She said she plans to likely stay in Anchorage after graduation and was considering enrolling in trade school or joining the U.S. Air Force.
Still, she felt the pull of home as she prepared to walk across the stage.
“It’s good, but also hard,” Mesak said. “We are always homesick. I wish we got to graduate at home, too.”
For most, a school is a place to learn, Kipnuk principal Allen Hutson said during the opening remarks. For Western Alaskans, schools are the heart of the community, and a place where residents gather for feasts, weddings, funerals, Christmas plays and sporting events, he said.
Then, during these students’ senior year, everything changed, Hutson said.
In October, the wind and water of ex-Typhoon Halong devastated communities along the Bering Sea coast, displacing more than 180 students from the region. Upon their arrival in Anchorage, some evacuees had just a week to adjust before enrolling in new schools.
“You walked into unfamiliar hallways, carrying uncertainty, fear and challenges that most people will never fully understand, but you showed up anyway,” Hutson said. “And through it all, you adapted, you built friendships, you found your place, you kept moving forward, even when life changed around you. That takes strength.”
By the end of this week, nearly 2,500 Anchorage School District students will have graduated. In total, seven Western Alaska students graduated in Anchorage. Five of the Lower Kuskokwim seniors attended Bettye Davis East Anchorage High School. One attended West Anchorage High School, and another went to Raven Correspondence School.
[Community support helps Anchorage high schools’ Class of 2026 succeed]
While the Western Alaska students were given the option to walk at those graduations, faculty also wanted to arrange a more intimate ceremony that honored the “way things are done back home,” said Jaime Galvan, director of Indigenous education at the Anchorage School District.
“Graduation probably wasn’t something that was on their mind when they originally got here,” she said. “But to know what they’ve gone through, and to be able to finish high school and have this huge accomplishment, I think, is extremely important.”
Traditionally, the whole village would come to celebrate the students, Galvan said, and she hoped community members would show up for the kids.
Almost every seat was filled in the auditorium on Monday. As they awaited the start of the ceremony, family and friends signed posters with messages of congratulations for the seniors such as “Yay, you made it!” and “Piniqamken,” which means “You are my strength” in Yup’ik.
Before receiving their diplomas, each student distributed a bundle of five red roses to individuals in the crowd who helped them finish school — part of a decade-long tradition started in Kwigillingok.
Senior Charlie Paul rose from his chair and handed one of the roses to his grandmother, Martha, who sat just a few rows back. The pair held each other in a long embrace.
Martha Paul said the ceremony was emotional as she and other family members filtered through the mass of people to the back of the room to greet the new graduates. Her niece, Erica Sharp, and nephew, Miisaq Paul, also received their diplomas Monday evening.
Martha’s family typically goes subsistence hunting together this time of year, she said, with three boats moving in pursuit of seals and birds. While she still longed to return home, she viewed the rose ceremony as a small semblance of normalcy.
“I have my family, they are home,” she said, clutching her rose.
Charlie’s mother, Natalia Paul, came to join her in line for cake. Natalia moved to Anchorage two years ago with Charlie, but said he did not adjust well to the city. He returned to Kipnuk for his senior year, excited to graduate back home, she said.
Then the storm struck. During the school year, Charlie struggled with flashbacks that only eased when he returned home briefly to pick up some of his belongings, Natalia said.
“(What happened) breaks the mind,” Natalia said. “I’m proud of them. They adjusted slowly, but they’re doing good. They’ve got a whole life ahead of them.”
-
Los Angeles, Ca14 minutes ago2 red-tailed hawk nestlings rescued after 63-foot fall in Santa Clarita
-
Detroit, MI38 minutes agoFormer Detroit Mayor Mike Duggan drops out of Michigan governor race
-
San Francisco, CA50 minutes agoSan Francisco Sheriff discusses security at houses of worship, pickpocket arrests
-
Dallas, TX56 minutes ago3 Dallas Cowboys UDFAs Who Could Steal a Spot on 53-Man Roster
-
Miami, FL1 hour agoMan accused of following woman in his Tesla, exposing himself to her in South Miami
-
Boston, MA1 hour agoWhat’s happening in and around Boston during the World Cup
-
Denver, CO1 hour agoDenver weather: More sunshine, high plains storms
-
Seattle, WA1 hour agoThe Status of Fare Evasion in Washington State