the problem is more than the math.   The passed budget of approximately $8.7 BILLION dollars is unsustainable.  The legislature has also NOT cut the budget and even added back $440 plus million into this year's budget through supplementals.  We cannot sustain an $8 billion dollar budget.   We can't even sustain a $5 billion budget.   The permanent fund has LOST $2 billion so far this year and this SB 128 does is only guarantee dividends until the state has squandered the permanent fund completely.  By spending 5 percent of the fund, BEFORE inflation proofing, there is no fund protection.   And with fund losses, it will just deplete the earnings faster.  Alaskan's have got to wake up to what is going on and the state has got to end the oil industry tax break loss carryforward immediately and stop kicking the can down the road.  It is why our pensions are the worst funded as well.