I think the big question is what happens if the stock market/real estate market falls 50%, and doesn't recover for several years? Does Alaska still withdraw 5.25% (which would be worth only half as much), and Drastically cut back on spending like in the late 1980's? Or do we simply end up borrowing the money until the market improves again? Regardless, great news that progress is being made on this...after waiting a little too long...