Transcript Highlights:

• SB 254, Becker, electrical utilities, do pass out on a B roll call.
• SB 263, Gonzalez, tariff study, do pass as amended to remove the appropriations...
• SB 57, Padilla, large load utility customer tariff, do pass as amended to limit the bill to the assessment
• SB 256, Paris, utility wildfire mitigation, held in committee.
• SB 332, Wahab, state-run utility study, held in committee.

Summary: The Assembly Appropriations Committee held its August 29, 2025 suspense hearing on Senate bills, with the chair emphasizing the state’s ongoing budget constraints and the need to make difficult choices among 261 bills on the suspense file. After establishing a quorum, the committee began taking action bill by bill, with many measures receiving do pass or do pass with amendments recommendations, while others were held in committee or designated as two-year bills. The chair noted the agenda was organized alphabetically by author and that results would be posted later on the committee website. The hearing covered a wide range of topics, including insurance and claims data, wildfire relief and prevention, water planning, energy and utility regulation, housing and land use, health care, labor and employment, criminal justice, education, environmental policy, and election-related measures. Several bills were amended before passage, often to narrow scope, remove sections, adjust definitions, delay implementation, or clarify funding and enforcement provisions. Some notable actions included moving bills on AI regulation, transit-oriented housing, paid family leave, wildfire mapping, chemical hair relaxers, and pharmacy benefit managers, while other bills on subjects such as controlled substances, high-speed rail, and certain education or housing proposals were held. The committee also took formal roll-call votes on selected bills, with some passing on A roll calls and others on B roll calls; a number of measures were advanced with Republicans not voting. One highlighted vote was SB 79 by Senator Wiener, which passed after amendments and a recorded roll call. At the end of the hearing, the committee reported that 190 bills were moved to the Assembly Floor, either as do pass or do pass with amendments, concluding the suspense hearing for the session.

Transcript Highlights:

• provides that the Public Service Commission may not enforce, originate, establish, change, or promulgate tariffs
• The commission may not enforce, originate, establish, change, or promulgate tariffs, rates, joint rates
• , tolls, or schedules for any municipal power system or water and/or sewer utility that is a political
• And finally, it provides that a public utility A public utility may not obtain a certificate of public
• The utility would be required to utilize advanced transmission technologies if necessary and economical

Keywords: 994, senate, all

Summary: The Senate Energy, Industry and Mining Committee met and took up the engrossed committee substitute for House Bill 4012. Counsel explained that the bill shortens several Public Service Commission timelines for certificates of public convenience and necessity, including deadlines for final decisions and final submissions, with different timeframes for smaller water/sewer projects and very large projects. The bill also requires applications to justify the need for a facility, including consideration of alternatives such as advanced transmission technologies, and adds requirements for electric transmission lines of 200 kV or greater, including a showing that costs are commensurate with benefits to West Virginia ratepayers and commitments to provide off-take facilities when requested. Comparable changes were also described for siting certificates, including a reduced decision timeline. After questions and no amendments, the vice chair moved to report the bill to the full Senate without recommendation as to passage, but with a recommendation that it be re-referred to the Energy, Industry and Mining Committee. The committee approved the motion by voice vote. The meeting then adjourned.

Transcript Highlights:

• This tariff is tariff.
• /c> this tariff and this tariff has to be this tariff and this tariff has to be paid<03:14:42.080>
• This is tariff. Has to pay the tariff.
• a tariff.
• this tariff. this tariff.

Keywords: U.S. House of Representatives Floor Proceedings on Thursday, April 10, 2025, 1012, house, all

Transcript Highlights:

• But the other cost drivers are utilization. So, and acuity for people: how ill are you?
• Eight states have utilized a preferred drug list for some classes.
• the country utilize, and where does the New Mexico Medicaid program fit in?
• Well, they have a higher utilization rate.
• Also, the number of people that are utilizing the service.

Transcript Highlights:

• , a 20% tariff on China, and a 25% tariff on steel and aluminum import reports.
• tariff has been stayed apparently for one month, along with substantial retaliatory tariffs in place
• Canadian tariffs including tariffs on Canadian tariffs including tariffs on Canadian and<00:09:10.160
• <00:10:30.440> I've addition to to the recent tariffs I've addition to to the recent tariffs
• a tariff or they don't expect a tariff a tariff or they don't expect a tariff but<00:50:02.200><

Keywords: 919, house, all

Summary: Minnesota Management and Budget presented the February 2025 budget and economic forecast, with Commissioner Aon Campbell, State Economist Anthony Becker, and Budget Director Anam Mingi outlining updated revenue, spending, and long-term balance projections. The state’s FY 2026-27 general fund outlook remains positive but weaker than in November, with an ending balance of $456 million, down $160 million from the prior forecast. Looking ahead, the planning years FY 2028-29 show a projected deficit of just under $6 billion, driven largely by spending growth outpacing revenues. Officials emphasized that discretionary inflation is a major factor in the forecast, but also noted that those amounts are not automatically appropriated and would require legislative action. Becker said the national outlook has changed since November, with higher expected inflation, higher interest rates for longer, and slower growth in later years. He highlighted uncertainty around tariffs, trade policy, immigration policy, federal spending, and possible changes to tax and debt-ceiling policy, all of which could affect Minnesota’s economy and revenues. Minnesota’s labor market remains tight, with low unemployment and rising wages, and the revenue forecast was revised upward overall for FY 2026-27, including higher income and sales tax receipts, though corporate tax revenue was slightly lower than previously projected. Mingi said projected general fund spending is up $79 million in FY 2026-27 and $960 million in FY 2028-29 compared with November. The largest increases are in education and health and human services, especially due to inflation, higher pupil counts, special education costs, long-term care, and higher Medical Assistance spending. She noted that higher utilization of weight-loss drugs also raises Medicaid costs, and that a smaller assumed bonding bill helps offset some debt service costs. The commissioner and staff repeatedly warned that federal policy changes, especially possible Medicaid reductions, pose a major risk; they said Minnesota could face billions in lost federal funding, including a potential $2.4 billion hit if the enhanced Medicaid match for adults without children were eliminated. No votes or legislative actions were taken in the presentation.

Transcript Highlights:

• Animal Companion Animal Shelter Fund and accepting the Governor's offer of $30 million for farmer tariff
• Animal Companion Animal Shelter Fund and accepting the Governor's offer of $30 million for farmer tariff
• Animal Companion Animal Shelter Fund and accepting the Governor's offer of $30 million for farmer tariff
• Natural gas is what is driving high utility prices.
• The Assembly does address the issue of affordability in our utility bills by providing a $2.6 billion

Keywords: 993, senate, all

Summary: The Joint Conference Committee on Environment, Agriculture and Housing opened budget negotiations for the 2026-2027 enacted budget, with Senate and Assembly leaders outlining their one-house proposals and committee members giving brief remarks. The discussion covered environment, agriculture, housing, parks, and energy, with repeated emphasis on affordability, climate resilience, and support for rural and urban communities. Senate and Assembly chairs described the process and noted the agencies present, while minority members criticized the overall size of the budgets and urged more attention to housing affordability, building stakeholders, and energy costs. On the environment and energy side, the Senate highlighted proposals for $138 million in additional clean water infrastructure funding, a $75 million increase to the Environmental Protection Fund, $95 million in restored parks capital, $200 million for the Energy Affordability Program, and $1 billion for Sustainable Futures 2.0, including a proposed revival of the NY STUN program. The Assembly said it increased the EPF to $500 million, raised clean water infrastructure funding to $800 million, and included targeted amounts for cities, rural housing-related water projects, Cornell Ag Tech, and the Center for Sustainable Materials Management. Democrats argued that high utility bills are driven by natural gas costs rather than clean energy, while Senate and Assembly Republicans said the CLCPA and other energy mandates are increasing costs and should be reconsidered. Agriculture remarks focused on research, farm support, and resilience. Senator Hinchey described funding for Cornell’s COWS program, Farm to School amendments, $7 million for farm worker housing, and a new $20 million Farm Weather Resiliency Grant Program. Chair Lupardo said the Assembly added $16 million over the Governor’s proposal for educational research and outreach, restored support for beginning and disadvantaged farmers, and backed dairy, livestock, hemp fiber, and natural fibers initiatives, while also accepting $30 million in farmer tariff relief if guidelines are set. Minority Assembly Member Tague supported dairy infrastructure funding but criticized the farm labor overtime phase-down and the CLCPA’s impacts on farms. Housing discussion centered on major capital and assistance programs. The Assembly proposed $200 million more for the Housing Access Voucher Program, $100 million for Mitchell-Lama and NYCHA, $50 million for down payment assistance, $4 million for fair housing testing, land banks, and $40 million for the Homeowner Protection Program. The Senate outlined similar priorities, including $500 million for NYCHA, $100 million for Mitchell-Lama preservation, $250 million total for HAVP, and additional funding for mixed-income rental development, vacant rentals, senior housing, and block-by-block infill. Chair Rosenthal said rent stabilization was not being changed in the budget, while Republican members argued that affordability requires lower taxes, lower utility costs, and fewer regulatory burdens. No votes were taken; the meeting was an opening round of budget negotiations and ended with closing remarks from both sides.

Transcript Highlights:

• I have a question, though, about this whole tariff issue.
• four billion dollars in tariffs.
• Where, who… Why is this really paying for the tariffs?
• themselves or the uncertainty around the tariffs.
• That appeal has been granted that the tariffs are illegal.

Transcript Highlights:

• I'll next talk about facility utilization.
• So there's— ...in-person utilization rates.
• San Marcos is using well over 110% classroom utilization.
• Utilization varies campus to campus, of course.
• San Marcos is using well over 110% classroom utilization.

Summary: The committee’s first major discussion focused on higher education facilities across UC, CSU, and the community colleges, with Chair Alvarez framing the issue as a final budget hearing before the May Revise. The LAO presented findings that campuses have grown substantially in buildings and square footage, while classroom and lab utilization remains below legislative standards and deferred maintenance backlogs continue to rise. The LAO also emphasized that the state and segments lack comprehensive data on capital renewal spending and recommended better reporting, clearer funding targets, and long-term planning for renewal and maintenance. UC, CSU, and community college representatives each described large five-year capital plans, aging facilities, seismic and deferred maintenance needs, and the role of student housing, while noting that construction costs are rising faster than inflation. Members questioned the segments about debt service, utilization rates, and how projects are prioritized. UC said its debt service tied to state support is about $665 million annually and described a $30 billion five-year capital financial plan, including housing, medical centers, and building renewal. CSU said it has about $31 billion in five-year needs and more than $8 billion in deferred maintenance, with funding coming from a mix of state-related and one-time sources since the state shifted capital responsibility to CSU. Community colleges said their unmet facilities needs total about $33.5 billion and explained their use of a scoring matrix and FUSION system to rank projects. The chair and members pressed all three systems to better distinguish between projects that are truly shovel-ready and those that are long-term needs, and discussed whether facilities condition data, total cost of ownership, and more standardized metrics should guide future bond proposals. The committee then turned to Proposition 2 and the Governor’s proposed community college capital outlay projects. The Department of Finance said Prop. 2 provides $1.5 billion for community colleges and that the Governor’s budget proposes 29 projects, with two continuing Prop. 51 projects also included. The LAO supported the overall use of the funds but raised concerns about the current 65/35 split between modernization and growth, the unusually large share of gymnasium projects, and some scoring metrics that favor larger campuses and certain regions. Community college officials said the scoring system was developed through participatory governance and would take one to two years to revise, but they supported the funding and agreed to follow up on questions about project categories and the rationale for the weighting. Members also suggested giving more weight to modernization, regional access, and intersegmental or collaborative projects. A final item addressed the CalKids program. The Department of Finance proposed $56,000 ongoing General Fund for three positions, while the LAO recommended approving two positions but rejecting a manager position until the current $7.5 million marketing campaign is evaluated. ScholarShare’s executive director said CalKids has enrolled more than 5 million children, with nearly 600,000 claims and over $45 million distributed, and argued that additional staff and outreach are needed to reach a goal of 1 million claimed scholarships by the end of 2025 and to implement AB 2808. Members asked about marketing effectiveness, data sharing, and eligibility rules, and the program said it is expanding partnerships with Cradle to Career and CSAC. No final vote was taken in the hearing, and the chair indicated the facilities item would be held open.

Transcript Highlights:

• <00:03:19.360> uh seen the uh imposition of tariffs uh seen the uh imposition of tariffs uh
• We see consumers experiencing lower tariff rates. The effective average tariff rate in the pes...
• So we've seen a large of tariffs.
• deportations and of course the tariffs. deportations and of course the tariffs.
• utilities, your co-ops, your railroads. utilities, your co-ops, your railroads.

Keywords: 958, all

Summary: The meeting focused on preliminary fiscal 2026 revenue estimates and the governor’s office request for an official revision to fiscal 2026, with members reminded that any estimate adopted now would not bind the December official estimates. Staff from S&P Global walked through three forecast scenarios—control, optimistic, and pessimistic—based on recent federal tax changes, tariffs, and other policy developments, emphasizing that the outlook remains highly uncertain. Under the control scenario, the presentation projected below-trend real GDP growth of 1.8% in fiscal 2026, slowing to 1.5% by fiscal 2028, with unemployment peaking around 4.5% and the Federal Reserve cutting rates three times to a long-run range of about 2.75% to 3%. The optimistic scenario assumed lower effective tariffs, stronger growth, and better labor and housing outcomes, while the pessimistic scenario assumed a broader trade war, higher effective tariffs, faster deportations, weaker employment and consumer spending, and unemployment rising to about 6.3%. Speakers also noted that the forecast was prepared before later BLS revisions and that recent data on inventories and AI-related investment made the recent quarters look unusually volatile. Members discussed how the current fiscal 2026 outlook compared with earlier assumptions and noted that the eventual revenue revision may be smaller than the spread between the optimistic and pessimistic economic scenarios. The governor’s office and committee members also reviewed sector-specific impacts, including manufacturing, housing, light vehicle production, exports, and consumer sentiment, with particular concern about Kentucky’s auto and housing-related industries. No votes or formal actions were taken in the portion provided.

Transcript Highlights:

• provides that the Public Service Commission may not enforce, originate, establish, change, or promulgate tariffs
• The commission may not enforce, originate, establish, change, or promulgate tariffs, rates, joint rates
• , tolls, or schedules for any municipal power system or water and/or sewer utility that is a political
• And finally, it provides that a public utility may not obtain a certificate of public convenience and
• The utility would be required to utilize advanced transmission technologies if necessary and economical

Keywords: 994, senate, all

Summary: The Senate Energy, Industry and Mining Committee met with a quorum and took up the engrossed committee substitute for House Bill 4012. Counsel explained that the bill shortens several Public Service Commission timelines for certificates of public convenience and necessity, including deadlines for final decisions and final submissions, with different timeframes for smaller water/sewer projects and very large projects. The bill also requires applications to justify the need for a facility by examining alternatives, including advanced transmission technologies, and adds requirements for electric transmission lines of 200 kilovolts or greater, including a showing that costs are roughly commensurate with benefits to West Virginia ratepayers and commitments to build necessary off-take facilities when requested. The committee discussed the bill briefly, and no amendments were offered. The vice chair moved to report the bill to the full Senate without recommendation as to passage, but with a recommendation that it be re-referred to the Committee on Energy, Industry, and Mining. The motion passed by voice vote. After the bill was reported, no further business was brought before the committee. The vice chair then moved to adjourn, and the committee adjourned by voice vote.

Transcript Highlights:

• Can we utilize that capacity for that renovation at that time?
• We're speaking in theoretical terms about what tariffs may or may not do.
• We know one thing about... ...tariffs.
• Everything we already have—the facilities there have utilities already.
• We've talked about tariffs, how that may affect and afflict us.

Bills: SJR 1, SB 9, SB 40, SJR 36, SJR 1, SJR 5, SB 9, SB 40, SR 61, SR 91, SR 97, SR 103, SR 104, SR 112, SR 115, SR 116, SCR 16, SB 26, SB 26

Keywords: bail denial, illegal aliens, felony offenses, constitutional amendment, law enforcement, bail reform, defendants, pretrial detention, public safety, criminal justice, charitable bail organizations, bail bonds, public funds, political subdivision, injunctive relief, taxpayer rights, bail, criminal justice reform, Texas Music Advocacy Day, music industry

Transcript Highlights:

• Interestingly, there's a third utility, which is a cooperative utility, which has a different economic
• or a defined service area for utilities or a defined service area for gas<01:09:11.279> utilities
• Thanks, Sasha. by utilities and non-utilities that want by utilities and non-utilities that want to<01
• 03.040> utilities investorowned and cooperative utilities investorowned and cooperative utilities
• We scrutinize utility interveners.

Keywords: 1183, house

Transcript Highlights:

• Now, are tariffs always bad? The answer is no. When used correctly, tariffs can be a powerful tool.
• <00:31:11.960> is pair of sneakers the idea of tariffs is pair of sneakers the idea of tariffs
• <00:31:27.279> always<00:31:27.600> bad tariffs always bad tariffs always bad the<00:31
• have to be smart when used key tariffs have to be smart when used correctly<00:32:04.799> tariffs
• costs increased grid strain tariffs costs increased grid strain tariffs Rising<04:12:22.319>

Keywords: U.S. House of Representatives Floor Proceedings on Wednesday, March 26, 2025, 1012, house, all

Transcript Highlights:

• uh that's currently uh being utilized uh that's currently uh being utilized has<00:25:10.880>
• <00:25:31.880> rate what would have been a utility rate what would have been a utility rate
• utility company executive compensation. utility company executive compensation.
• officers of a public utility company? officers of a public utility company?
• Let's cut back their utility bills. Let's cut back their utility bills.

Keywords: Senate streaming session for Thursday, April 2, 2026, 960, senate, all

Summary: The Senate convened with a quorum, heard an invocation by Reverend J.C. Austin of Woods Memorial Presbyterian Church, and journalized the prayer. Members also introduced several guests and interns, including a shadow from the 45th District, a Legislative Black Caucus fellow, a ninth-grade author from Annapolis High School, a World Autism Acceptance Day group in the gallery, and a student shadowing the Senator from District 30. The chamber then moved to House bills on second reading and Senate bills on third reading. The Senate adopted favorable committee reports and passed several House bills without objection, including measures extending the Maryland Horse Industry Board sunset, requiring housing counseling information for certain first-time homebuyers, expanding the educator expense tax subtraction to full-time pre-K teachers, increasing funding for the State Library Resource Center, extending agricultural use assessment eligibility for community solar projects, allowing the Seat Pleasant Police Department to join the Law Enforcement Officers Pension System, authorizing changes to a tax sale legacy protection program, and granting special taxing authority for the Village of Drummond. The chamber also adopted seven amendments to Senate Bill 1007 on state debt authorizations and ordered it printed for third reading. On final passage, Senate Bill 956 on Maryland Transportation Authority video toll collections passed with 44 affirmative votes. The Senate then took up Senate Bill 841, a major energy affordability and utility reform bill, with two committee amendments adopted. The bill was described as providing short-, medium-, and long-term rate relief, including changes to EmPOWER Maryland, utility cost recovery, data center tariffs, net metering, solar policy, transmission planning, battery storage, nuclear incentives, and low-income assistance. Debate began on the amended report, and a motion to lay the bill over was withdrawn while members discussed waiting on additional amendments.

Transcript Highlights:

• It assumes slower pass-through of tariffs to consumers.
• Basically, that inflation from tariffs will take a little bit longer to take effect.
• Utility gas services increased by 11.7% compared to the previous year.
• price increases that are now kind of baked in the cake if the tariffs stay in place.
• Softening or an uncertain global demand due to tariffs and trade wars. Is that accurate? Mr.

Keywords: 996, all

Transcript Highlights:

• soils in the world and by utilizing soils in the world and by utilizing manure<00:21:20.600>
• of Canada will have an extra 10% tariff.
• on China, a 30-day 25% additional tariff on Canada and Mexico, as well as an extra 10% tariff on the
• on China, a 30-day 25% additional tariff on Canada and Mexico, as well as an extra 10% tariff on the
• wouldn't be so much affected to tariffs wouldn't be so much affected to tariffs or<00:46:29.000>

Keywords: 1187, senate, all

Transcript Highlights:

• Utilities heretofore before these.
• Ortega, wouldn't a utility company determine some of that cost by that data center? Mr. Ortega.
• I think there's a portion of costs that the utility and its customer have to negotiate.
• Ortega: “I don't want to speak for the utilities themselves necessarily, but I will say yes.
• But investor-owned utilities are not businesses, the way we would think of them.

Summary: The committee met to consider a large slate of appointments, with the main discussion centered on the confirmation of Chavon Harris as Secretary of the Agency for Health Care Administration (AHCA). Harris testified about her background in state service and outlined agency priorities including Medicaid financial accountability, transparency, managed care oversight, behavioral health redesign, rural health access, workforce recruitment, and use of technology and AI. Senators questioned her extensively about the Hope Florida/Medicaid settlement controversy, opioid settlement-funded advertising campaigns tied to marijuana prevention and the 2024 Amendment 3 election, public records compliance, abortion reporting and enforcement under the Heartbeat Protection Act, managed care denials, value-based purchasing, and Medicaid funding pressures. After debate, the committee voted to recommend her confirmation, with Senator Polsky voting no. The committee then considered Anna Ortega and Robert Payne for the Florida Public Service Commission. Ortega, a current PSC commissioner and former staff advisor, discussed utility regulation, data center load issues, ratepayer protections, transparency in PSC decisions, and lessons from other states. Payne, a former legislator and longtime utility co-op employee, emphasized his technical background and the need to balance utility returns with consumer affordability. Both nominees were confirmed by unanimous or near-unanimous votes and recommended favorably to the full Senate. Next, the committee heard from Jeffrey Aaron for reappointment to the Public Employees Relations Commission. Aaron described PERC’s role in public-sector labor disputes and said his work had been upheld in appellate courts without reversal. Senators questioned him about his law firm’s state contracts, his role as chairman of Attorney General James Uthmeier’s PAC, and his connection to the Hope Florida Foundation matter; he declined to discuss the pending investigation. Public testimony included opposition from Florida Voice for the Unborn. The committee nevertheless recommended his confirmation, with several no votes. Finally, the committee approved the remaining appointees on tabs 5 through 46 in a single vote, postponing Dr. John Littell and DCF Secretary Hatch, and then adjourned.

Transcript Highlights:

• It's paid for through tariffs. And we provide that service to them that they can do all of their...
• It's paid for through tariffs.
• It's paid for through tariffs.
• we're providing the support, and the Rave product is also at this time free of charge through the tariffs
• AB 1054, and as legislation is working its way through the halls, in terms of the Investor-owned Utility

Summary: The joint informational hearing focused on California’s emergency alert and warning systems, especially in light of recent Southern California wildfires and the January 9 evacuation alert that was mistakenly sent to millions of residents. Opening remarks emphasized the loss of life, the strain on first responders, the importance of timely warnings, and concerns that public trust in alerts has been undermined by delays, confusion, and over-alerting. Members repeatedly raised questions about how to improve speed, accuracy, coordination across jurisdictions, and public understanding of the difference between evacuation warnings and orders. Cal OES staff described the state’s alert and warning framework, including SEMS, the State Warning Center, IPAWS, WEA, and EAS, and said local governments retain primary responsibility for issuing alerts because they know local roads, shelters, and hazards best. They said Cal OES supports local agencies with training, technical assistance, testing, and backup alerting help when requested, and that local alerting authorities must test their systems every 30 days and complete FEMA-required training. Members pressed Cal OES on gaps in smaller or under-resourced jurisdictions, the lack of a statewide unified system, compliance monitoring, redundancy for people without reliable technology, and whether the state should take a more active role. Cal OES said it could assist smaller jurisdictions and step in during emergencies, but that a statewide system would require further analysis and funding. Sheriff Eric Taylor of San Benito County emphasized that local control is essential because counties differ widely in structure, geography, and alerting responsibilities, and he described the challenges of rural areas, limited cell coverage, and multiple platforms such as Nixle, Reverse 911, and social media. Nick Russell of Watch Duty said the nonprofit fills gaps by providing fast, geospatially detailed wildfire information from volunteers and public data, and argued that context and redundancy are critical because official alerts often arrive too late or lack enough detail. Members praised Watch Duty’s usefulness and asked about incorporating similar capabilities into state systems. Public commenters also raised the need for broader redundancy, including earthquake-warning partnerships, and wildfire survivors urged the committee to address the confusing patchwork of alerts and to honor prior compensation commitments to PG&E fire survivors. No votes were taken; the hearing was informational only and adjourned after member questions and public comment.

Transcript Highlights:

• And tariffs play into that.
• And tariffs play into that.
• One of the challenges that state utility commissioners have had, utilities have had, as well as you'll
• They are not regulated utilities.
• utility, but a vertically integrated utility throughout almost all of the Midwest, save Illinois, which

Keywords: 908, all

Transcript Highlights:

• We were about to bring this machine in in the spring but the tariff situation at least in April created
• 210% tariff on the machine. because tariffs are stackable.
• So right now the tariff on China is 40%, then it's a 50%, anything made from steel and aluminum.
• There's also a tariff on baking products right now, which is a 25%, you're at 115%.
• And, of course, we won't be discussing tariffs today, but you're the evidence of why this conversation

Keywords: 988, house, all