Video & Transcript Research : 'deficit spending'

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MN

Minnesota 2025-2026 Regular Session

House Republican Press Conference 2/16/26

Transcript Highlights:
  • raising taxes by another $10 billion, still driving us into a deficit.
  • We're headed toward a deficit, and that was a Democrat-created deficit back in '23 and '24.
  • a Democratcreated deficit back in 23 was a Democratcreated deficit back in 23 and<00:07:34.880> 24
  • this year to try to take a bite out of that impending deficit that we know is down the road.
  • a bite out of that impending deficit a bite out of that impending deficit that<00:22:56.880>
Keywords: 919, house, all
Summary: House Republican leaders outlined their agenda for the tied legislative session, saying their priorities are to stop fraud, make Minnesota more affordable, safer, and more competitive, and reduce mandates while raising education standards. They highlighted several planned bills, including an independent inspector general (HF 1), a “Fraud Isn’t Free” measure to impose consequences on agencies and commissioners that allow fraud, and statutory guidelines for high-fraud-risk programs. They also said they want to lower health care costs through a permanent reinsurance program and cost defrayal for new mandates, study property tax increases, conform state tax law to federal changes on tips, overtime, and scholarship tax credits, and avoid any tax increases. On public safety, Republicans said they will pursue tougher penalties for repeat offenders and repeat gun crimes, judicial accountability, and a school safety package that would support public and nonpublic schools, school safety personnel, and facility improvements. In education, they emphasized school choice tax credits, reading proficiency, and curriculum focused on basic academic fundamentals. They also said they want to protect and expand mining, reform permitting, end the nuclear moratorium, and make the state more attractive to businesses. On housing, one member said they are working on a more targeted affordable housing package rather than a broad sweeping bill. A substantial portion of the discussion focused on immigration and cooperation with federal authorities. Republicans said they want a statewide framework for local law enforcement cooperation with federal immigration enforcement, referencing House File 16 and saying they are open to changes and bipartisan work. They argued that local and state cooperation would improve safety and prevent situations where criminal suspects are released into the community. They also said Democrats have blocked similar efforts in committee and on the House floor. In response to questions, leaders said there is no current appetite for sports betting, bonding will be discussed but there are no promises, and they do not support the 2024 omnibus bill model. They said they are not interested in vaccine mandates, but will consider Medicaid funding impacts and other health-related proposals if bills are introduced. They also said election integrity measures such as voter ID, provisional ballots, and voter-roll cleanup will remain priorities. Throughout, leaders said they expect a bipartisan process in the tied House and expressed hope that both parties can work together on some issues.
MN

Minnesota 2025 1st Special Session

House Higher Education Finance and Policy Committee 3/20/25

Higher Education Finance and Policy

Transcript Highlights:
  • for the program is a deficit for Minnesota students and a deficit for quality of life for all Minnesota
  • for the program is a deficit for Minnesota students and a deficit for quality of life for all Minnesota
  • for Minnesota students and a deficit for Minnesota students and a deficit<00:34:02.000> for<00
  • deficit.
  • <01:20:40.679> deficit there's a a program spending deficit there's a a program spending deficit
Keywords: 1183, house
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Wednesday, July 2, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • <02:04:59.360> in wasteful government spending in wasteful government spending in congressional
  • run out spending other people's money. run out spending other people's money.
  • <03:57:14.399> exploding had a more reckless deficit exploding had a more reckless deficit
  • the Democratic plan for deficit the Democratic plan for deficit reduction.<03:57:45.920> Thank
  • Republicans say, they'll never spend.
FL
Transcript Highlights:
  • LIKE WE ARE WITH 189 MILLION DOLLAR DEFICIT ASSOCIATED WITH THE OVERTIME.
  • >> Chair: YOU ARE RECOGNIZED. >> WE’RE 100 MILLION IN DEFICIT RIGHT NOW WITH SALARIES AND OVER TIME.
  • AND THE FISCAL YEAR 2023, 2024 WE ENDED WITH A DEFICIT OF A DEFICIT IN JURY OPERATIONS.
  • AT THIS RATE WE ARE ON TRACK FOR 500,000 DOLLAR DEFICIT BY THE END OF THE FISCAL YEAR.
  • YOU LAID OUT ABOUT WHERE YOU ARE WITH THE DEFICIT AND WHAT YOU ANTICIPATE IT BEING.
Keywords: 999, senate, all
MN

Minnesota 2025 1st Special Session

Committee on Human Services - 02/17/25

Human Services

Transcript Highlights:
  • the deficit in the state.
  • <01:32:48.239> we'll address the $5.1 billion deficit we'll address the $5.1 billion deficit
  • Thank you. how we can what the deficit winds up how we can what the deficit winds up being<01:33:25.639
  • realign the program and the spending realign the program and the spending within<01:37:28.800>
  • reductions uh net general fund spending reductions uh net general fund spending by<01:45:36.520>
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House DFL Press Conference 3/31/25

Transcript Highlights:
  • We know of the amount that the E-12 chairs agree to spend.
  • We know of the amount that the E-12 chairs agree to spend.
  • We're not choosing to spend those inflationary adjustments.
  • $1.3 second bianium uh to a deficit of $1.3 second bianium uh to a deficit of $1.3 billion. billion
  • <00:21:26.640> inflationary not to spend those inflationary not to spend those inflationary
Keywords: 919, house, all
Summary: House Democratic leaders and House Republican leaders announced a compromise set of budget targets reached Friday night, describing it as a numbers-only deal that leaves policy issues aside. They said the targets are the first step in the budget process: House committee chairs will write bills to fit the targets, those bills will go to Ways and Means, and later leaders will negotiate global targets with the governor and Senate. Leaders emphasized that the agreement reflects compromise rather than either party’s ideal budget, and that they will continue talks with Governor Walz and the Senate over the next several weeks. The speakers highlighted what was not included in the deal, saying it does not target paid family and medical leave, earned sick and safe time, reproductive rights, or universal school meals. They said the House priorities that did make it in include housing, education, pensions, public safety, and transportation. On education, they said the compromise provides $40 million in new money in the first biennium for the READ Act and no cuts in either biennium, contrasting that with larger cuts in the governor’s and Senate proposals. They also said schools could still choose to fund unemployment insurance for school workers from existing resources, though it was not earmarked in the targets. Leaders said the agreement leaves room for committee chairs to make choices within the targets, including in health and human services, where they described the target as a reduction in projected growth rather than a cut to existing appropriations. They said the budget plan sets aside discretionary inflation adjustments in the first biennium while preserving inflation indexing for items like the K-12 formula. They also said the deal improves the state’s long-term balance, with a projected $1.6 billion balance in the first biennium and a $1.3 billion deficit in the second, and that the House’s numbers do not include the same revenue assumptions as the governor’s and Senate’s plans. In questions, leaders said conference committees will require majority support from both House and Senate conferees, and that the House will send equal numbers of Democratic and Republican conferees. They said the bonding bill size is still under discussion, but the adopted numbers would allow for roughly a $700 million general obligation bill. They also said large state spending for professional sports facilities is likely over, and explained that the press conference was held without Republican leaders for logistical reasons after the deal was reached late Friday.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Ways and Means Jun 21st, 2026 at 12:00 pm

Joint Committee on Ways and Means

Transcript Highlights:
  • So today we are hearing House Bill 55 for the governor's proposal on how to spend the more than $1.3
  • It's hard to spend those dollars in the amount of time that was allocated.
  • But it's also important that we have an opportunity to spend resources on innovative uses.
  • , is that the spending is growing by more than 3% or 4% a year.
  • And so if you generate more revenue, can you spend more revenue?
Keywords: 995, all
Summary: The hearing focused on House Bill 55, the governor’s FY25 supplemental budget proposal to spend about $1.3 billion in surplus Fair Share revenue. House and Senate chairs framed the bill as a one-time opportunity to invest fairly in education and transportation, while also noting the need to protect the state’s long-term fiscal balance. Administration officials said the proposal should be considered alongside the FY26 budget and related bills, since the governor’s broader Fair Share plan aims for roughly an even split between education and transportation over time. Secretary of Administration and Finance Matthew Gorzkowicz, Transportation Secretary Monica Tibbits-Nutt, and Education Secretary Patrick Tutwiler outlined the administration’s priorities. Transportation funding would go mainly to the MBTA and related reserves, including money for the Federal Transit Administration reserve, MBTA stabilization reserve, low-income fares, winter resilience, RTA workforce support, MassDOT workforce and project delivery, and micro-transit grants. Education funding would support universal preschool expansion, early education and care capacity, early literacy tutoring, adult basic education and ESOL, early college and career technical education, MyCAP expansion, and special education circuit breaker funding. The administration emphasized that many of these investments are one-time or multi-year measures designed to address current needs without creating unsustainable recurring costs. Committee members raised concerns about regional equity, especially the large share of transportation money going to the MBTA versus regional transit authorities and rural areas. Several members asked for more detail on how the proposal would benefit Western Massachusetts and other non-MBTA regions, and whether micro-transit and Chapter 90-related investments would be sufficient. Education questions focused on special education reimbursement shortfalls, federal funding cuts to school districts, and how CTE and vocational investments would align students with workforce needs. The administration said it would provide additional data on MBTA versus RTA investment and explained that the special education circuit breaker and transportation reimbursement changes were intended to improve predictability and relief for districts. After the administration panel, Jessica Tang of AFT Massachusetts testified in support of using Fair Share funds to protect public education amid federal uncertainty and cuts. She argued that schools are facing a fiscal cliff, that vulnerable students would be hit hardest by funding losses, and that the Fair Share revenue should be used to preserve services and support students’ needs.
MN

Minnesota 2025-2026 Regular Session

Fighting Fraud, Waste, and Abuse – Senator Jordan Rasmusson May 26th, 2025

Minnesota Senate Floor Meeting

Transcript Highlights:
  • And we've seen actually some spending.
  • So, one of the concerns that I have is that given the $6 billion deficit we have, this program could
  • $6 billion deficit we have, this<00:05:00.720> program<00:05:01.280> could<00:05:01.600
  • that was created by two years of a spending spree.
  • that was created by two years of a spending spree.
Keywords: 1187, senate, all
TX
Transcript Highlights:
  • Spend our dollars.
  • Today, the state effectively spends no money.
  • Spending in school districts, and so when we find spending problems, we share it with HHSC, and then
  • So you adopt a deficit; you can be getting more revenue, and you adopt a deficit because your expenses
  • This is the reason why you're seeing deficit budgets is because districts are spending more money at
Bills: SB1, SB 1
MN

Minnesota 2025 1st Special Session

Committee on Health and Human Services - 02/06/25

Health and Human Services

Transcript Highlights:
  • <00:45:33.160> it we're calling an operational deficit it we're calling an operational deficit
  • It's money that we plan to spend over a number of years to meet the goals and objectives of the five
  • <01:25:37.239> um<01:25:37.400> we're<01:25:37.600> also that we're spending
  • over a number of that we plan to spend over a number of years<01:27:01.760> to<01:27:02.000><
  • I could spend all day looking through this because my mind is spinning, so is my mouth, Mr.
Keywords: 1187, senate, all
Summary: The Health and Human Services Finance and Policy Committee met on February 6, 2025, for an update on emergency medical services (EMS) policy and implementation. Senator Seberger described the work of the EMS Task Force, which traveled statewide to hear concerns from providers about staffing, reimbursement, and retention. She said the task force led to the Sprint Medic model and two innovation zones in Otter Tail and St. Louis counties, and she urged continued monitoring and possible reconstitution of the task force to evaluate what is working and what could be expanded statewide. She also said future EMS work should continue to explore alternative response models and telemedicine, but that the most immediate need is additional funding, especially to address unpaid non-transport calls. Dylan Ferguson, director of the newly formed Minnesota Office of Emergency Medical Services, gave a detailed update on the office’s structure and priorities after the transition from the Emergency Medical Services Regulatory Board. He described the office’s three divisions, the appointment of deputy directors, the first meetings of the advisory councils, and work on a statewide EMS strategic plan. He also reviewed the $24 million emergency ambulance aid program, explaining its 40-40-20 formula, the emphasis on rural services, the reporting and spending deadlines, and the positive response from ambulance providers. He noted that the $6 million Sprint paramedic grant program is underway, with Otter Tail County moving forward and St. Louis County still finalizing its application. Ferguson also outlined the office’s budget request for modest staffing and contract-cost increases, two rulemaking efforts to update outdated ambulance vehicle standards and expand medication options for basic life support services, and ongoing data collection on workforce needs, violence against EMS providers, and ambulance crashes. He highlighted the paramedic scholarship program administered by the Office of Higher Education, saying nearly 300 scholarships have been awarded. Members and Senator Seberger praised the EMS reforms and emphasized that non-transport calls create significant unreimbursed costs, especially for rural and volunteer services, but no votes or formal committee actions were taken during the meeting.
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 028 Feb 11th, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • More spending, more debt, more taxation.
  • We are in a deficit.
  • More spending, more debt, more taxation.
  • We are in a deficit.
  • Yeah, I towards the structural deficit?
Keywords: 981, all
MN

Minnesota 2025-2026 Regular Session

Committee on Judiciary and Public Safety - 03/12/25

Judiciary and Public Safety

Transcript Highlights:
  • We have a deficit that's looming, that's gigantic.
  • We have a deficit that's looming, that's gigantic.
  • tax increase on top of blowing the deficit.
  • tax increase on top of blowing the deficit.
  • tax increase on top of blowing the deficit.
Keywords: 1187, senate, all
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Friday, June 27, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • spending over 10 years.
  • Adding nothing more to the deficit means we still have deficits.
  • spending cuts, the spending<02:33:42.080> restraint.
  • spending restraint. spending restraint.
  • But we were leaving in place adding another $18 trillion to $20 trillion of deficit spending, if we're
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - 04/01/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • We face a massive budget deficit that we should be working on instead of spending two days in this chamber
  • We face a massive budget deficit that we should be working on instead of spending two days in this chamber
  • tens of thousand communities, spend tens of thousand dollars<00:41:04.000> on<00:41:04.400>
  • We still have a $6<00:41:15.040> billion<00:41:15.599> dollar<00:41:16.200> deficit<
  • We could spend our time doing nothing but condemning resolutions on the abuses of power in Washington
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • We do have some remarks regarding Cal Grant spending.
  • We do have some remarks regarding Cal Grant spending.
  • As noted from the revised 2025-26 spending level, the Governor's budget increases Cal Grant spending
  • This brings total spending for the program to $3.2 billion.
  • Learning colleges with a 6% funding deficit.
Summary: The subcommittee on Education Finance heard an overview of the governor’s budget proposals and higher education financial aid trends, with a major focus on the Middle Class Scholarship (MCS), Cal Grant spending, and the effects of recent federal student aid changes. The Department of Finance said the budget would fully fund Cal Grant at projected levels and reduce MCS coverage from 35% to 17.5% of unmet need in 2026-27, while the Legislative Analyst’s Office supported considering the reduction as a cost-saving measure given out-year deficits. UC and CSU representatives opposed the cut, saying MCS is important to affordability and debt-free degree goals; they estimated average awards would fall substantially and that campuses do not have funds to backfill the loss. The Student Aid Commission said the proposal would reduce aid but simplify administration, and members questioned how lower awards would affect students, borrowing, and work-study options. No vote was taken, and the issue was held open for possible future action. The committee then discussed federal changes to student loans and Pell Grant policy under H.R. 1, including caps on Parent PLUS loans, elimination of Grad PLUS loans, and new proration rules for federal direct loans based on enrollment intensity. The LAO said these changes would likely push some borrowers into the private market, especially graduate and professional students and some parents of students at private institutions. CSU said the changes would affect thousands of graduate and part-time students and could reduce access by about $97 million in loan availability for part-time borrowers, while UC said the new definitions of professional degrees were too restrictive and would reduce access for nursing, teaching, law, dentistry, and other programs. Community colleges said they use relatively little federal loan aid but are monitoring Workforce Pell. Members raised concerns about workforce impacts, social mobility, and whether the state should consider alternative loan programs or other ways to reduce student costs. This issue was also held open. In the segment financial aid update, the LAO reported Cal Grant spending is projected to rise to about $3.2 billion in 2026-27, driven by more recipients and higher awards tied to UC and CSU tuition increases, while CSAC said FAFSA and CADAA applications are up significantly year over year. CSU, community colleges, and UC described their aid packaging and rising aid totals, with CSU reporting over $5.5 billion in aid to 381,000 students, community colleges reporting over $4.3 billion to more than 920,000 students, and UC reporting $3.17 billion in grant aid to undergraduates. Members asked about Cal Grant reform, application trends, and long-term outcomes; UC and community colleges pointed to alumni and wage dashboards, and the LAO noted the state’s Cradle to Career data effort. The committee then took public comment, including testimony on library funding and other education-related priorities, and concluded by holding the issues open without formal action.
NH

New Hampshire 2026 Regular Session

Senate Education Finance (02/12/2026)

Education Finance

Transcript Highlights:
  • running deficit in millions of dollars? running deficit in millions of dollars?
  • Um, also being behind in their deficit.
  • <00:33:04.640> So, has held a deficit for a while. So, has held a deficit for a while.
  • <00:55:13.599> for be able to see what they're spending for be able to see what they're spending
  • that cause the school district to spend that cause the school district to spend taxpayer<01:19:21.199
Keywords: 1191, senate, all
NJ

New Jersey 2026-2027 Regular Session

Assembly Session Jun 30th, 2026

New Jersey House Floor Meeting

Transcript Highlights:
  • It reduces the structural deficit.
  • We have $61.1 billion in spending. Somewhat small state to be spending that much money.
  • A large structural deficit remains.
  • continues, the surplus goes down even further, the deficit is worse and the spending is greater.
  • Frivolous spending for veterans.
Keywords: 1146, all
MN

Minnesota 2025-2026 Regular Session

Human services finance bill, HF3, passes MN House during 2025 special session 6/9/25

Minnesota House Floor Meeting

Transcript Highlights:
  • <00:04:42.000> Members,<00:04:42.400> I'll Members, I'll cover the new spending in
  • address the curve in spending that goes on in the human service area.
  • <00:11:39.120> reductions focused on actual spending reductions focused on actual spending
  • actually address the curve in spending actually address the curve in spending that<00:11:46.880>
  • were going to face a structural deficit. were going to face a structural deficit.
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/11/25

Taxes

Transcript Highlights:
  • two star rating then you're spending two star rating then you're spending 8%<00:28:53.640> of
  • you're spending you're spending 70%<00:29:13.159> of<00:29:13.320> the<00:29:13.519
  • you're then you're spending you're then you're spending 60%<00:29:20.880> of<00:29:21.360
  • bium and we're looking down a deficit bium and we're looking down a deficit already<00:53:02.839
  • They are around every year, and now the excuse is that we're in a deficit.
MN

Minnesota 2025-2026 Regular Session

Balancing the Budget – Majority Leader Erin Murphy Jun 16th, 2025

Minnesota Senate Floor Meeting

Transcript Highlights:
  • Took tough decisions and meaningful compromise, but the pressure to avoid a future deficit while navigating
  • Um, we cut it nearly in half through the course of this, and it required both spending reductions, cuts
  • reductions um cuts which we've spending reductions um cuts which we've done<00:02:30.160> and
  • <00:04:44.240> in<00:04:44.400> the address what could be a deficit in the address
  • what could be a deficit in the ears.<00:04:45.440> Um,<00:04:45.759> but<00:04:46.000><
Keywords: 1187, senate, all