Parnell ready to spend money Palin rejected 

From Rena Delbridge at the Alaska Dispatch: Gov. Sean Parnell submitted a plan to federal energy officials Wednesday on how to spend what may be the state’s most controversial $28.2 million — stimulus money that his predecessor, Sarah Palin, rejected before resigning in July. Under Parnell’s plan, much of the stimulus funding would go toward energy-efficiency improvements in schools and government buildings. His administration’s proposal also identifies a way for the state to turn the $28 million into roughly $86 million by tapping the state’s credit line or issuing bonds that would be repaid with savings realized by the efficiency upgrades. Read more

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