KPIX CBS Overnight News April 29, 2016
2014 to low as low as zlar 26 earlier this year. Oil and Gas Revenue Fund up to 90 of state spending. The money pays for every bridge, road and school. We had this roller coaster of an economy because we hooked our horses to one commodity, oil, and we rode it up and down. Reporter is this the day of reckoning . It is. Reporter walker wants state lawmakers to impose alaskas first income tax in 35 years. And cut the annual check each resident gets for their share of oil revenue. Oil companies would pay more too. Taxes go up. Credits go down. Less production. Cara represents alaskas oil and Gas C...