State legislators, state agencies and citizens of Alaska have been on a spending spree – no news there. The golden eggs are shrinking and state spending is being reduced.  Again, no news. 

What would be news, and good news at that, would be legislation passed and made law that prohibits the government and its agencies from spending more than the states revenue forecast for the coming fiscal year. A legally binding spending cap.

Reforms to state spending are must before reforms that place a greater financial burden on the businesses and citizens of Alaska occur.
 
If a spending cap occurred I might believe that our government and the rest of us are interested in fiscal health and not conniving to find a way to continue profligate spending at all of our expense.