I have a huge problem with the way we are handling our reserve budget. For starters, our state has one of the highest reserve budgets in the US. We far exceed the average 30 day reserve that most states have. We are not in a reserve / budget crisis! This is nothing more than a politician who does not agree with the pfd payout. He doesn't see that pfd as a royalty / mineral rights payout to the owners of the mineral rights, because he doesn't get that those mineral rights are owned by the residents of Alaska! I for one, would much rather the pfd payout as normal, spend our reserve down to a 30 to 60 day reserve and institute an income tax. This would do a couple of positive things: 
1. Put more money back into the economy rather than it being held by politicians.
2. A state income tax is a tax deduction on your federal income taxes, it increases the amount of dollars that stay in Alaska rather than going to the federal government. It also captures nonresident workers.