Senator Shower provides an in-depth analysis of Alaska’s financial situation, highlighting the decline in state savings from $30 billion in 2013 to under $6 billion currently. He expresses concerns about proposed education funding increases of $1,000 per student costing the state $257 million annually, along with potential issues with returning to a defined benefit retirement plan. The Senator emphasized the state’s deficit spending situation and the challenges of funding new initiatives. Listen here.