Protect our permanent trust fund | Albuquerque Journal

This was published in 2016, but is relevant today.

Source: Protect our permanent trust fund | Albuquerque Journal

There is more to the permanent fund story than revealed in the recent UpFront column by Winthrop Quigley.Currently, the permanent funds save every household about $900 per year in taxes. If the funds go away, households and businesses must make up the difference.There’s good reason that U.S. Sen. Martin Heinrich and former Lt. Gov. Diane Denish support increased distributions from the permanent fund: They both support larger government – especially when it funds crony associations that feed from the government trough.