Brett Watson
25:20 - 25:53
“probably the biggest category of growth though across all of these spending categories grew 150%, uh, was federal spending in contracts. So contracts are spending that the various federal agencies engage in. The largest federal agency that spends money in the state of Alaska is the Department of Department of Defense.”
- Speaker
- Brett Watson
- Timestamp
- 25:20 – 25:53
- Community
- Alaska News
- Location
- Alaska
- Captured at
From the transcript
In 2023, the state of Alaska received about $4 billion in federal spending associated with all grants, but including importantly Medicaid. You see, probably the biggest category of growth though across all of these spending categories grew 150%, uh, was federal spending in contracts. So contracts are spending that the various federal agencies engage in. The largest federal agency that spends money in the state of Alaska is the Department of Department of Defense. Um, Bob laid out the presence of military spending across the state on the various military bases.
Related Coverage
Federal money built Alaska's recent growth — now it's receding fastest here
Federal dollars drove about half of Alaska's economic growth since 2015. Now the federal workforce is shrinking faster here than almost anywhere — and rural Alaska feels it most.
