Democrat Representative Adam Wool runs for reelection to Alaska House of Representatives District 5 seat
FAIRBANKS, Alaska (KTVF) -
Representative Adam Wool is running for re-election for District 5 in the Alaska State Legislature in the upcoming primary election.
Wool said he is running because he wants to continue to represent Fairbanks in Juneau.
“We’re in very difficult times, and I think having experience being there is very important right now. I think there’s a lot of really serious issues that have been building for years, and I think having that knowledge is very helpful -- having to do with the budget, having to do with revenue, having to do with PFD, having to do with the economy, having to do all of the things that are really important in Alaska right now,” he said.
According to Wool, Alaska’s Constitutional Budget Reserve has been reduced through spending from about 14 billion dollars to 1.2-1.5 billion dollars. “We’ve been spending savings for six years, every year that I’ve been down there and even before that, and the savings are about gone, and we can’t kick the can anymore. So I think what I’d like to accomplish is moving toward a fiscal plan.”
Wool would like to prevent what he sees as “draconian cuts that have been happening.” He believes that money needs to be spent in certain areas, “for example the university, which is super important to Fairbanks, to its community, to its economic engine, and also to the culture and society up here.”
According to Wool, yearly oil revenues are about 1.5 billion dollars. “Some candidates will run around saying, ‘Oh, we have to pay a full PFD. We just have to get our financial situation in order so that we can. We just need to tax oil more so we can pay a full PFD.’ But I think paying two billion dollars, because that’s what a full PFD costs to the state, two billion dollars, I think paying two billion dollars to PFD checks is irresponsible,” he said.
Wool also said he is not afraid to talk about taxes. “I know it’s not popular to talk about taxes and cutting the PFD. People might think I’m crazy, but I’m just giving you the straight story, because that’s what people need. They really need the straight story, and so that’s what I do, and that’s what I look forward to doing, and you need people to go down there and make tough decisions, and I’m not afraid to do that.”
Wool will be running against Taryn Hughes in the non-Republican primary election on August 18th.
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