(Courtesy: Alaska Legislature)

Faced with a multi-billion dollar deficit, Alaska’s Legislature is looking to cut back everywhere they can. Unalaska’s state senator of two decades, Lyman Hoffman, is working on those cuts as part of the Senate Finance Committee.

As he tells KUCB's Annie Ropeik in this segment, he expects Alaska could be climbing back out of the budget crunch for at least a decade to come -- whether or not oil prices rebound.