Legislature ponders oil-fueled spending spree

Only five days remain in the legislative session, and we're getting down to the really fun part — consideration of the capital budget.

The capital budget is essentially a long list of earmarks for state and local projects, everything from airport upgrades to zoo equipment.

Legislators fund this annual spendorama with Alaska's vast surplus oil revenue.

Yesterday the Senate Finance Committee rolled out a $2.8 billion capital budget. You can see it here.

Deckboss took a look and found lots of interesting items including $400,000 for a "CDQ Fishing Fleet Relocation Study."

For the background on this, click here.