Loss of $700 Million in DOT projects explained by Rep. Zack Fields (D-Anchorage)

Representative Zack Fields of downtown Anchorage explains the Alaska State House's failed vote to draw from our legislative savings account yesterday. In order to receive a 9 to 1 match from the federal government for our state transportation projects -- a potential investment of almost $700 million -- we needed to fully fund the match yesterday. The Alaska State Senate had earlier this week voted unanimously to draw from our savings account and receive that match, but yesterday the House failed; we needed a 3/4 vote (30/40) and we came up very short (22/40). 

This podcast also addresses Rep. Fields behavior during a speech by Congressman Nick Begich earlier this week.