Alaska's financial dilemma: Reserve funds lately have earned more money than oil Alaska has had the good fortune to amass billions of dollars in savings, which are now a major source of state revenue. But with the collapse of oil prices, the state is spending its savings at a rate of more than $6,000 a minute, and that's quickly eroding the earning potential of its investments.

Sections:  u.s.   
Topics:  Arkansas   Anchorage Borough   Anchorage   
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