Palm Card - 4" x 9".

Independent.  Alaskan.

Putting Alaska's future over party politics.

329 E 5th Ave. Anchorage  (907) 310-4729
www.walkermallotforalaska.com
Facebook.com/BillWalkerForGovernor

The courage to make the tough decisions.
Fiscal Stability   Deficit reduced 80%, permanent PFD protection, budget reduced to 2007 levels, improved credit rating, ended unsustainable oil tax credit system.

Public Safety   Leader in the war on opioids, increased prosecutors, creating statewide 911 system, reinvested in rural justice system.

Jobs   Strong growth expected in Resource, Construction, Tourism, Health Services, Agriculture sectors.

Health Care   Medicaid Expansion provided healthcare access to over 40,000 Alaskans; $900m in additional federal dollars into the state; and reformed Medicaid to actually cover more people for less money.

Education   Fought to ensure educational opportunities for every child. Held the line against education cuts, established forward-funding, no more pink slips! Worked to sustain a vibrant university system.

Fisheries   Grow Alaska's world-class fisheries through science­-based monogement.

Gas Line   Historic progress! For the first time, the State is working with investors, buyers, and suppliers. Will reduce energy costs by over 50% and create more than 20,000 new ¡obs lor Alaskans.

GENUINELY ALASKAN
Bill and Byron were born in the Territory of Alaska. Bill, a carpenter from Valdez and Byron, a fisherman from Yakutat, both served as mayors of their hometowns, pursued higher education and had successful business careers.

Their administration is unique because it includes Republicans, Democrats, and Independents from all over Alaska. Together they work on Alaskan solutions rather than Party agendas. Bill and Donna and Byron and Toni value family time and Alaska's great outdoors.

Paid for by Bill Walker for Governor, 601 W 5th Ave, Suite 200, Anchorage, AK 99501 and Byron Mallott for Lt Governor, 601 W 5th Ave, Suite 200, Anchorage, AK 99501

Palm Card - 4" x 9" .			i

JUST THE FACTS
In this year's race for Governor, sorne candidates and  special interest groups are spreading a lot of
misinformation about Alaska's fiscal situation. Let's straighten out a few of those myths.

PFD Myth: Money that the Governor and Legislature did not pay out in dividends was used to pay for government.
FACT: Every penny from the reduced dividend remains in the Permanent Fund Earnings Account, earning high interest rates and available for future dividend distributions.

Budget Myth: Alaska now has the highest budget in state history.
FACT: When Governor Walker first ran for office, the state was projecting a $1.6 billion deficit - then oil prices plummeted and the deficit he inherited when elected was $3.7 billion on a $6.1 billion budget. The Governor reduced the budget by $1.4 billion. This year's budget is $4.7 billion; the lowest level of state spending in over 10 years. At the current oil price ($74/bbl), the budget will balance.

Tax Credit Myth: Tax credits were paid off this year with money from the PFD reduction.
FACT: Al! of the money that was not paid out in the dividend stayed in the Permanent Fund to protect and grow the fund so that dividends could continue to be paid into perpetuity. None of the PFD reduction was used when Alaska paid off the exploration tax credits owed to small oil and gas companies.

Dividend Reduction Myth: Only the Governor thought the PFD restructure was necessary to preserve the stability of the fund.
FACT: The legislature, not the Governor, has set the PFD amount for the past two years. 36 legislators recognized the dividend needed to be set at a sustainable amount and voted for legislation that protects the Permanent Fund.1he legislature stood with the Governor to enact a structured draw from the Permanent Fund Earnings to pay out dividends and fund a portian of the cost of government services.
 
Paid for by Bill Walker for Governor, 601 W 5th Ave, Suite 200, Anchorage, AK 99501 and Byron Mallott for Lt Governor, 601 W 5th Ave, Suite 200, Anchorage, AK 99501

Walker Mallott for Alaska
lndependent. Alaskan.

Permanent Fund Dividend

Why were the dividends reduced by the legislature and the Governor?

We all love fishing. Countless Alaskans rely on the fish we catch as food to get through the winter and
fish are vital to our economy. But we also accept that there must be limits, based on the number of fish returning each year. If we catch too many in one year, we'd risk running out of fish in future years. That is called managing the fish for a sustained yield.

This is how the Governor sees the debate over the Permanent Fund dividend amount. We love the dividends and we rely on them, but we need to make sure our grandchildren and their grandchildren
will also receive dividends. Like the fish, if we pay out a dividend above an amount the Permanent Fund can sustain long-term, we risk the possibility of not being abl􀀐 to pay out future dividends.

This year we'll receive a $1,600 dividend - that's higher than the historical average and won't risk future dividends!

Alaskans love fish, but we accept limits on fishing to preserve our resources for future generations.
The Permanent Fund Protection Act did the same thing: protecting both the fund and the dividend program.

(907) 310-4729
www.walkermallottforalaska.com
facebook.com /walkermallottforalaska
info@walkermallottforalaska.com

Paid for by Bill Walker for Governor, 601 W 5th Ave Suite 200, Anchorage, AK 99501 Byron Mallott for Lt Governor, 601 W 5th Ave Suite 200, Anchorage, AK 99501