Video & Transcript Research : 'Inflation'
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MN
Minnesota 2025-2026 Regular Session
House Floor Session - part 2 Mar 17th, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- Our constituents are dealing with rising costs: higher grocery bills, expensive gas, and inflation hitting
- But education funding has not kept pace with inflation, and levies have had to supplement the batter.
- We were talking about requiring MMB to include inflation in the budget for...
- Members, that was all just about being honest about the fact that inflation exists in the world.
- Inflation is set to surge as the cost of everyday goods rises. To a 67-67 tie.
MN
Minnesota 2025-2026 Regular Session
Committee on Rules and Administration - 05/07/26
Rules and Administration
Transcript Highlights:
- Formally, members may know that despite inflation being significant, we would have to wait up to three
- Formally, members may know that despite inflation being significant, we would have to wait up to three
- Formally, members may know that despite inflation being significant, we would have to wait up to three
- 00:05:03.600>
know <00:05:03.800>that <00:05:04.000>despite <00:05:04.360>inflation - members may know that despite inflation members may know that despite inflation being<00:05:05.120
AZ
Arizona 2026 Regular Session
04/29/2026 - House Republican Caucus Calendar #21
Transcript Highlights:
- The Constitution requires us to increase it at a rate of inflation or 2%, whichever is less.
- The Constitution requires us to increase it at a rate of inflation or 2%, whichever is less.
- Inflation was 29%. Thank you. Spending on K-12 education by 57%.
- Inflation was 29% over that same period.
- The General Appropriations Act just suspends the inflation adjustment for the specific capital improvements
AL
Alabama 2025 Regular Session
Alabama Joint Legislative Budget Hearings Feb 5th, 2025
Transcript Highlights:
- They said inflation is making progress toward their goal, but again, it took a step back in November
- It would have to depend on what happens with inflation over the next couple of...
- With inflation over the next couple of months and where they see that going.
- The inflation rate of 7.6% in 2022 was still too high; it moderated back down to something normal in
- It's either a small increase every year, and it has to be because there's inflation built into the Medicaid
WY
Wyoming 2026 Regular Session
House Floor Session-Day 4, February 12, 2026-PM
Wyoming House Floor Meeting
Transcript Highlights:
- I've enjoyed the conversation here and the points being made about inflation adjustment for inflation
- and am grateful the the inflation and am grateful the the inflation adjustments<00:53:54.480>
- . inflation. inflation.
- But we also account for inflation.
- But we also account for inflation.
OK
Oklahoma 2026 Regular Session
Business and Insurance 2ND REVISED Apr 16th, 2026 at 09:30 am
Business and Insurance
Transcript Highlights:
- And so if there's a desire or based on inflation or something else to be able to increase the gas tax
- But if you're worried about Inflation, this is a much more fair way to tax than a percentage.
- It takes the inflation argument all the way out of it because when you're taxing on a percentage of cost
- bill purports to establish a flat tax at a specific amount rather than allowing it to adjust for inflation
- And so, if we were going to, right now, we've gone through a period of high inflation.
Bills:
HB2933, HB3041, HB3048, HB3081, HB3297, HB3338, HB3673, HB3790, HB3983, HB4105, HB4139, HB4203, HJR1023
Keywords:
insurance regulation, homeowner claims, premium discounts, catastrophe mitigation, civil penalties, credit card transactions, payment methods, service charge, consumer rights, financial regulation, insurance, nonadmitted insurers, surplus lines, Oklahoma, fire extinguisher, licensing, public safety, age qualification, State Fire Marshal, towing services
MN
Minnesota 2025 1st Special Session
Vets and military affairs division approves HF1443 3/5/25
Transcript Highlights:
- Um, it just seems like we're always going to run into inflation if we pick a number, and I'm just curious
- going to it just seems like we're always going to run<00:04:37.199>
into <00:04:37.600>inflation we <00:04:38.720>pick <00:04:38.919>a <00:04:39.360>number run into inflation- if we pick a number run into inflation if we pick a number and<00:04:39.840>
I'm <00:04:40.000 - Representative Feist asked whether this kind of limit exists elsewhere and noted concern that inflation
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Ways and Means Jun 21st, 2026 at 11:00 am
Joint Committee on Ways and Means
Transcript Highlights:
- The biggest fix would come from fixing the Chapter 70 inflation rate.
- cap while inflation was at 7% and 8%.
- 70 to ensure funding keeps pace with inflation over time.
- Overrides alone are not the solution when inflation outpaces Chapter 70.
- , including medical inflation, and investments into the new sites.
Summary:
The Joint Ways and Means Committee held its final public hearing on the FY26 state budget, with chairs and members emphasizing that public testimony would help shape the budget and asking speakers to keep remarks brief. Committee leaders introduced members, explained the hearing process, and repeatedly thanked residents, students, and advocates for participating. No votes were taken during the hearing.
Testimony focused heavily on education funding and the Chapter 70 formula. Students from Amherst, Northampton, Gateway Regional, Chester Elementary, and other districts described budget-driven cuts to electives, special education supports, paraprofessionals, counselors, transportation, and building maintenance. They urged higher Chapter 70 aid, increased minimum aid, rural school aid, and a reopening or restructuring of the funding formula, arguing that current formulas leave many districts unable to meet student needs and force local layoffs and overrides.
Other speakers urged funding or protection for a range of programs and facilities, including the Louis D. Brown Peace Institute for homicide survivor services, the Museum of African American History, the Massachusetts Commission for the Deaf and Hard of Hearing and CART/interpreter services, the Access to Counsel housing legal aid program, the Department of Mental Health and Pocasset Mental Health Center, and Pappas Rehabilitation Hospital for Children. One speaker opposed offshore wind-related spending and urged a reset of the state’s energy approach, while another advocated ending the aircraft sales tax exemption. Committee members responded sympathetically to many speakers, asked a few follow-up questions, and several expressed support for maintaining or expanding the programs discussed.
NH
Transcript Highlights:
- <00:52:27.520>
rate <00:52:27.920>of years to the projected inflation rate of years - to the projected inflation rate of the<00:52:28.319>
department's <00:52:28.960>10-year - rate that we use construction inflation rate that we use for<01:02:51.839>
the <01:02:52.079>< - And that requirement, it inflation.
- I just say when you delay projects, they cost much more, especially now with the current inflation.
Summary:
The work session focused first on SP 492, a bill intended to give the New Hampshire Department of Military Affairs and Veterans Services authority to lease or license property for housing and related uses. Major General David Mikolitis testified that the bill is aimed at addressing affordable housing for junior enlisted service members, especially those assigned to Pease Air National Guard Base who currently face long commutes because of the Seacoast housing shortage. He said the most likely uses would be converting limited barracks space in Pembroke or Stratford into apartment-style or extended-stay housing, and possibly allowing office/co-op space for federal civilians, though he emphasized the primary purpose is housing for junior ranks. He also said any development would likely be done by a private developer through an RFP, with costs borne by the developer rather than the department.
Committee members asked about whether the bill could apply to commercial uses, how taxes would work, whether revenues would go into the general fund, and whether the concept could be expanded statewide. Mikolitis said the intent was housing only, not commercial development like a Starbucks, and that any developed property would be taxable locally rather than remain tax-exempt. He said revenues would go into a dedicated Veteran Services Property Fund and be used for facilities, not the general fund. He also explained that the department has about 20 armories statewide but sees only a few viable locations for this concept, mainly Pembroke, Stratford, and possibly one other site, because the goal is to serve personnel within roughly a 45-minute drive of Pease. He noted that a proposed seven-acre parcel near Pease had already been approved by the Pease Development Authority but still needed FAA approval, and he was not optimistic about using that land for housing because of contamination and redevelopment costs. Committee discussion ended with members indicating support for OTP, but the chair said the vote would have to wait until 11 o'clock and then closed the work session on SP 492.
The committee then opened a work session on SP 627 and heard testimony from Jim Jelbert, owner of CJ Bus Lines and chair of the legislature’s transportation council, who spoke in support of the bill. Jelbert argued that the measure would allow New Hampshire to raise tolls and generate significant revenue for the 10-year highway plan without directly taxing citizens, and said the money could address congestion and safety problems, including work on I-93 in Manchester and other statewide projects. He estimated the bill could generate substantial revenue over time and said toll credits could help leverage federal matching funds. He also said improved roads would benefit businesses like his by reducing vehicle wear and improving efficiency. The transcript cuts off before any committee action on SP 627 is recorded.
MN
Minnesota 2025 1st Special Session
Minnesota House passes the education finance bill, HF2433 5/16/25
Minnesota House Floor Meeting
Transcript Highlights:
- formula to inflation universal meals. formula to inflation universal meals.
- This is giving school inflation.
- So, by keeping the formula linked to inflation, this is a really good thing.
- But in reality, those amounts weren't keeping up with inflation.
- . for example, it might up with inflation. for example, it might be<00:40:15.760>
multiple <00:
MN
Transcript Highlights:
- This chart shows the projected formula allowances, as well as the forecasted inflation adjustment for
- This chart shows the projected formula allowances, as well as the forecasted inflation adjustment for
- would be, and then not adjusted for inflation is the blue line.
- would be, and then not adjusted for inflation is the blue line.
- would be, and then not adjusted for inflation is the blue line.
Summary:
The Senate Education Finance Committee met on January 21 with a quorum present for the first meeting of the 2025 biennium. The co-chairs described the temporary power-sharing arrangement in the tied Senate, introduced committee staff and pages, and had members briefly introduce themselves and share what subject they would teach. After the introductions, the committee moved to a presentation from State Demographer Susan Brower.
Brower reviewed Minnesota’s school-age population trends and projections, noting that the state had just under 1 million children ages 5 to 17 in 2023 and that, for the first time, the older adult population exceeded the school-age population. She said the school-age population is concentrated in the Twin Cities metro and other regional centers, and projected an overall decline of about 5% over the next 15 to 20 years, driven mainly by declining birth rates and long-running net outmigration of young adults. She also explained that growth is expected in some areas, especially along the I-94 corridor north of the metro, while northern regions are projected to see the largest declines. She clarified for members that her figures measure resident children, not school enrollment, and that boundary changes are not reflected in the district-level data.
The presentation also covered demographic change among students. Brower said about 35% of Minnesota children ages 5 to 17 are children of color, with growing multiracial populations and increasing linguistic diversity. She reported that about 20% of school-age children have at least one foreign-born parent, and about 18% of enrolled students speak a language other than English at home, with Spanish, Somali, and Hmong the largest home languages. She also discussed child poverty, saying Minnesota’s rate is just under 10%, below the national rate of about 15%, and that poverty is concentrated in Minneapolis-St. Paul, some first-ring suburbs, and parts of northern Minnesota, including districts with larger Native populations. Members asked questions about whether the projections accounted for migration and whether open enrollment affected the figures; Brower said the data reflect where children live, not where they attend school, and that the projections are based on recent migration and birth patterns, with future changes more likely to come from international immigration than from domestic migration.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, December 16, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- being crushed by the worst inflation being crushed by the worst inflation spikes<02:43:29.439>
saw cost rising faster than inflation saw cost rising faster than inflation just<05:42:23.520>- And inflation-adjusted exports of consumer goods are the largest ever.
- And inflation-adjusted exports of consumer goods are the largest ever.
- And inflation adjusted exports record.
AZ
Transcript Highlights:
- are now spending nearly 50% more per student, about $4,000 more per student per year adjusted for inflation
- this additional resource, teacher pay has been essentially flat, unchanged since 1980 adjusted for inflation
- That dedicated 20% additional funding for teacher pay on top of the annual inflation increases, on top
- That dedicated 20% additional funding for teacher pay on top of the annual inflation increases, on top
Keywords:
kinship care, child welfare, foster care, relative placement, child protection, child neglect, financial resources, behavioral health, Christian Science treatment, parental rights, group homes, children's rights, safety protocols, employee training, mental health, child safety, oversight, independent committee, transparency, accountability
Summary:
The Senate Committee on Government considered only SCR 1032, along with a strike-everything amendment. The amendment would require school districts, subject to voter approval, to dedicate at least 60% of operational spending to teacher pay, with a phased-in increase starting in FY 2028 for districts below that threshold. It also would penalize noncompliant districts by requiring unexpended Classroom Site Fund monies to revert, making districts ineligible for those funds until back in compliance, and directing JLBC to exclude those districts from per-pupil calculations. The Superintendent of Public Instruction could grant limited waivers of the forfeiture provisions for up to one year, not more than two consecutive years for the same district.
Supporters, including representatives of Heritage Action, the Goldwater Institute, and the Center for Arizona Policy, argued that Arizona has increased school funding substantially while teacher pay has remained flat in real terms, and said the measure would improve accountability and ensure more money reaches teachers rather than district administration. They cited Auditor General findings and prior voter-approved efforts such as the Classroom Site Fund and teacher pay initiatives as evidence that districts have not prioritized classroom spending as intended. A rural school coalition testified in opposition, saying the proposal would be difficult for small districts to meet because it could force cuts to other essential costs such as fuel, insurance, facilities, and other operating needs, and that the Auditor General’s classroom-spending categories may not accurately reflect actual teacher pay. One committee member also raised concerns that the measure could harm special education and other legally required student services.
During discussion, the sponsor said charter schools were excluded because they are private businesses under the state’s framework, despite receiving public funds. The committee adopted the strike-everything amendment and then voted 4-3 to give SCR 1032, as amended, a do pass recommendation.
NH
New Hampshire 2026 Regular Session
House Municipal and County Government (01/16/2026)
Municipal and County Government
Transcript Highlights:
- <03:28:31.840>
The thereby adapting for inflation. The thereby adapting for inflation. - Inflation eats them away.
- Inflation eats them away.
- Inflation eats them away. We are year. Inflation eats them away.
- the credit amounts to reflect inflation the credit amounts to reflect inflation using<04:06:41.040
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, April 22, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- <02:55:04.080>
With and inflation tripled last month. - With and inflation tripled last month.
- <03:10:23.359>
It's <03:10:23.600>the inflation is up over 10%. - It's the inflation is up over 10%.
- It rolled back many of the clean energy incentives, uh, that were included in the Inflation Reduction
MO
Transcript Highlights:
- bureaucracies so that they can get their things done quickly because time is money, especially in times of inflation
- It was supposed to go up every year with inflation. That's gone.
- It was supposed to go up every year with inflation. That's gone.
- I mean, I suspected, as we always do around here, that occasionally fiscal notes are inflated for factors
- I mean, I suspected, as we always do around here, that occasionally fiscal notes are inflated for factors
FL
Florida 2026 4th Special Session
January 27, 2026 - 03:00 PM
Transcript Highlights:
- We haven't had rising inflation cost in year one or year two.
- our current system and while that sounds like a win for the taxpayer it ignores the basic reality inflation
- Nancy Bowen: Freezing assets while inflation continues means cities are forced to pay higher costs with
- The inflation environment we have right now, no one is immune to it including government so I want to
- It smooths out sharp tax increases caused by inflation spikes, and it has affordability, helps homeowners
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Thursday, June 11, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- <02:05:49.679>
and <02:05:50.080>way more than the rate of inflation. and way more - than the rate of inflation. and way more<02:05:50.960>
than <02:05:51.280>hardworking <02 - president said he loves inflation.
- And I don't agree that inflation is great. I don't love it.
- Americans need their serious attention to bring inflation. Thank you, Mr. Speaker. I yield back.
LA
Louisiana 2026 Regular Session
House of Representatives May 18th, 2026
Louisiana House Floor Meeting
Transcript Highlights:
- Tell me again about what it ties to inflation?
- So amendment number two, the provision that was added is an inflation mechanism that ties it to CPI.
- So if we had an inflation rate of 2024 of 5%, So if we had an inflation rate of 2024 of 5%, that would
- Based on inflation. You said the CPI. Yeah, the CPI. Okay.
- So every year we have inflation, there'll be an increase in the reimbursement amount, is what I'm asking
Bills:
HR286, HR287, HR288, HR289, HR290, HR291, HR292, HR293, HR294, HCR114, HR275, HR276, HR277, HR278, HR279, HR280, HR282, HR283, HR284, HR285, HCR112, HCR113, SCR62, SCR64, SB132, SB135, SB405, HR179, HR216, HR223, HR225, HR274, HCR89, SB39, SB99, SB111, SB112, SB124, SB134, SB174, SB189, SB190, SB201, SB233, SB236, SB258, SB270, SB273, SB288, SB307, SB313, SB320, SB321, SB325, SB326, SB331, SB339, SB341, SB345, SB346, SB347, SB353, SB357, SB359, SB387, SB393, SB401, SB415, SB419, SB422, SB426, SB435, SB437, SB440, SB451, SB464, SB470, SB487, SB488, SB495, SB504, SB505, SB518, SB523, SB228, SB408, HR168, HR174, HR194, HCR54, HCR74, HCR79, HCR87, HCR94, HCR95, HCR97, HCR98, HCR102, HCR104, SCR23, SCR38, HCR26, HB250, HB265, HB339, HB427, HB445, HB463, HB468, HB606, HB639, HB649, HB665, HB746, HB781, HB853, HB861, HB872, HB886, HB916, HB937, HB1054, HB1068, HB1117, HB1237, HB75, HB705, SB34, SB164, SB172, SB198, SB208, SB232, SB281, SB286, SB317, SB322, SB334, SB380, SB385, SB409, SB417, SB421, SB430, SB439, SB447, SB458, SB510, SB54, SB56, SB72, SB79, SB97, SB105, SB123, SB125, SB129, SB163, SB171, SB252, SB287, SB375, SB386, SB461, SB466, HR84, SCR3, HB582, HB625, HB646, HB998, HB1191, HB1255, SB81, SB100, SB109, SB197, SB374, SB479, SB78, HB901, HR20, HR74, HCR65, HCR71, HB284, HB302, HB306, HB341, HB366, HB393, HB458, HB577, HB603, HB605, HB614, HB733, HB752, HB773, HB798, HB911, HB955, HB996, HB1035, HB1069, HB1113, HB1140, HB1180, HB1240, SB82, SB89, HB134, HB258, HB359, HB782, SB149, SB382, SB441
Keywords:
HR286, House Resolution 286, LED, Louisiana Economic Development, rural development, energy efficiency, renewable energy, public-private partnership, tax credits, economic development, workforce training, school energy costs, community colleges, technical colleges, local government, building modernization, on-site energy generation, public facilities, rural parishes, distressed communities
Summary:
The House met with a quorum, received a guest minister for prayer, approved the journal, and heard several announcements and recognitions, including NEC Awareness Day, a European Union delegation visit, and the Glenmore Wildcats baseball team’s state championship. Members also received Senate messages, including concurrence on some House measures, the filing of Senate bills, and several Senate resolutions and bills laid over for later consideration.
The chamber then took up a long series of resolutions and bills. Among the resolutions adopted were measures on a Louisiana-United Kingdom Trade Commission, support for migratory waterfowl studies, hunting education in schools, SNAP delivery-fee studies, fraud prevention for seniors, subsurface data preservation, boating safety reporting, and visual acuity screening data. Some items were temporarily returned to the calendar, including a sales-tax uniform-base rule resolution and several Senate measures. The House also adopted a resolution creating an agricultural national security task force and another supporting a letter to the U.S. Fish and Wildlife Service.
On legislation, the House passed bills on missing-person alerts for people with disabilities (“Brian’s Call”), first responder status for public works employees, planning commission procedures, historic preservation district rules, judges’ supplemental compensation, the Baker Economic Development District, New Orleans downtown development district tax authority, a local crime prevention district, clerks of court records, hotel occupancy taxes in Shreveport-Bossier, firefighter cancer screenings, Shreveport police civil service rules, local ethics entity funding, hemp/alcohol age restrictions, OMV digital signatures, LED recreation, TOPS Tech eligibility for veterans, anatomical gift recordkeeping, crypto kiosk fraud protections, firefighting foam definitions, and consumer data privacy. Several bills failed, including HB 705 on legislative contempt penalties and HB 75 on gaming promotional play. One bill on vehicle insurance reinstatement fees was amended and passed, and a bill on judicial compensation fund adjustments was amended and passed after questions about CPI indexing.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Apr 8th, 2025
Transcript Highlights:
- Rising costs, shifting supply chains, tariffs, and inflation are not abstract ideas.
- When coupled with annual increases in department and program operating costs due to inflation in the
- Due to inflation in the Consumer Price Index, rising medical care costs, and salary increases, these
- Furthermore, the increasing cost of regulation goes beyond inflation.
- It includes... ...goes beyond inflation.
Summary:
The Assembly Budget Subcommittee 5 on State Administration heard presentations from Go-Biz and the Department of Financial Protection and Innovation on the Governor’s budget proposals. Go-Biz described California Jobs First, the state’s 10-year economic development strategy, and emphasized support for small businesses, workforce development, and targeted investment in sectors such as ag tech, life sciences, semiconductors, and advanced manufacturing. Members raised concerns about federal policy changes, tariffs, tourism, housing, child care, and whether state incentives are truly additive; Go-Biz responded that it tracks federal actions closely, works with chambers and advocates, and uses programs like California Competes to target jobs that would not otherwise come to California.
The committee then reviewed the proposal to restore the California Competes grant program with $60 million. Go-Biz said the grant would help businesses that cannot use the nonrefundable tax credit, and explained the program’s five-year contracts, milestone-based awards, and recapture provisions. The Legislative Analyst’s Office said the grant could be effective but recommended stronger oversight and clearer eligibility criteria, while also noting the 30% cap in trailer bill language may be too restrictive given the smaller funding level. Public testimony supported the grant and suggested considering refundability or transferability for the tax credit to broaden access for smaller and startup businesses.
Members also heard the CHIPS-related proposal for $25 million to support Natcast’s semiconductor design and collaboration facility in Sunnyvale. Go-Biz and public witnesses argued the state investment would help secure a major federal research facility, retain engineering talent, and leverage billions in broader investment, while the LAO recommended rejecting the item because of its dependence on uncertain federal funding and the state’s budget condition. The committee also considered a $17 million continuation of CA RISE, which supports employment social enterprises; Go-Biz and several grantees cited strong job placement and workforce outcomes, while the LAO recommended rejection absent a more rigorous evaluation, noting prior LA RISE evidence did not show long-term employment gains.
Finally, the Department of Financial Protection and Innovation presented budget requests for IT security and rent increases, and a trailer bill to raise fees across several programs. DFPI said decades-old fee schedules, inflation, and new regulatory responsibilities have created a structural deficit and warned the department could face insolvency without adjustments. The LAO recommended approving the fee increases only on a three-year limited-term basis and asked for more detailed revenue plans for programs not covered by the proposal, so the Legislature can assess actual collections and market impacts before making the changes permanent.