You really need to look at every unnecessary government expense first before meddling with the PFD that pumps a lot of needed money into the local State economy.  Having school district with less than 100 students, one with less than 10 is ridiculous.  Hiring buddies in at ridiculous salaries during a time when you say you must cut the PFD.   Having almost 25,000 State employees on the payroll when you could easily let natural attrition cut that down significantly by not replacing people who are retiring and offering early retirement to those near that time making government more efficient.  Turn every rock first then go after the PFD but not until then.  You will be a one term Governor.