Alaska Governor Proposes $3,400 Payment to Each Resident to Combat Inflation
- Alaska governor proposes $2.3 billion payout to residents from oil and mining revenue fund
- Payment would amount to $3,400 per Alaska resident who fills out a form
- Aimed at helping people cope with high inflation
- Would be the largest single expense in the governor's $10.5 billion budget plan
- Alaska has had this type of payment system since 1980 to share state oil wealth