Video & Transcript Research : 'Inflation'
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NM
New Mexico 2025 Regular Session
IC - Legislative Finance Dec 8th, 2025 at 09:05 am
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Thursday, April 23, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- Inflation.
- Inflation.
- Inflation.
- Inflation.
- The Biden inflation years.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Public Service Jun 21st, 2026 at 01:00 pm
Joint Committee on Public Service
Transcript Highlights:
- It was not indexed to inflation.
- And I don't need to tell you the difference in inflation between 1956 and 2025, but it's considerable
- dollar when we're talking about a multi-billion-dollar public retirement system. the difference in inflation
Summary:
The Joint Committee on Public Service heard testimony on a range of retirement-related bills, with several witnesses and advocates focusing on pension equity, veteran benefits, and recognition for public safety workers. Representative Dennis Gallagher and Mass Retirees supported legislation to increase the long-standing veterans’ bonus from $15 to $50 per year of service, up to $1,000 annually, and described it as a modest, overdue adjustment with minimal fiscal impact. Mass Retirees also backed bills to raise the minimum survivor allowance for public retirees and to address inequities in Option B and Option C survivor benefits for retirees whose pensions were calculated under older mortality tables.
The committee also heard a personal bill from Representative Jim Arceiro and Nathan McKinnon seeking creditable service for McKinnon’s years in the Nevada higher education system, which he said should count toward his Massachusetts retirement. Another individual bill was presented by Roberta Wollins, supported by Senator Keenan, to remedy what she described as misleading retirement advice from UMass Boston that affected her ability to buy back prior service and made her retirement planning inaccurate. Senator Keenan and others framed both cases as unique fairness issues rather than broad policy changes.
A large panel from police, fire, corrections, EMS, and related organizations testified in favor of a COVID-19 retirement credit proposal and a study bill, arguing that essential workers who reported in person throughout the pandemic should receive recognition and a time-based retirement credit. Witnesses described exposure risks, illness, deaths, staffing strain, and long-term effects from COVID-19, and several committee members voiced support and appreciation for their service. The hearing concluded with no votes taken on the bills and a motion to adjourn, which was approved.
CA
California 2025-2026 Regular Session
Assembly Revenue and Taxation Committee Jun 8th, 2026
Transcript Highlights:
- And like many California cities, we're facing real financial pressures driven by inflation, aging infrastructure
- And like many California cities, we're facing real financial pressures, driven by inflation, aging infrastructure
- , deferred maintenance. pressures, driven by inflation, aging infrastructure, deferred maintenance, and
Summary:
The Assembly Revenue and Taxation Committee heard several bills, mostly related to Proposition 19, voluntary tax checkoffs, and local tax authority. SB 288 would clarify that the one-year residency and exemption deadline for inherited homes held in probate begins when legal ownership is established; it received support from the Howard Jarvis Taxpayers Association and others, no opposition, and was referred to suspense. SB 974 would explicitly include special needs trusts in Prop. 19-related inheritance rules; it had support from the Riverside County Board of Supervisors and Howard Jarvis Taxpayers Association and passed 5-0 to Appropriations as amended.
The committee also heard SB 575, which would restore the Sea Otter Voluntary Contribution Fund for voluntary tax return donations to sea otter conservation. Supporters cited sea otter recovery, research, and habitat protection needs; there was no opposition, and the bill passed 5-0 to Appropriations. SB 999 would delay the Franchise Tax Board’s annual report on the health care individual mandate from March 1 to June 1 to allow more complete data; Health Access California supported it, and it passed 5-1 to Appropriations.
SB 762 would authorize certain cities and counties, including Hercules, Santa Cruz, and Santa Barbara, to seek voter approval for local transaction and use taxes to address budget pressures, public safety, infrastructure, and safety-net service cuts. Local officials, labor groups, and health advocates supported it, while the Howard Jarvis Taxpayers Association opposed it; the committee adopted the urgency clause and then passed the bill to Local Government with urgency, with some no votes. SB 1073 would create a voluntary tax contribution fund to support the Historic South Los Angeles Black Cultural District; arts advocates and community supporters backed it, and the bill passed unanimously to the Arts, Entertainment, Sports, and Tourism Committee as amended.
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-05-29 - 10:00AM
Vermont Senate Floor Meeting
Transcript Highlights:
- the foundation formula goes in, and that end point gets a little fuzzy because it will be based on inflation
- Inflation and property taxes have gone...
- Inflation and property taxes have gone up, so we have moved that, and then there's caps we've adjusted
MO
Missouri 2026 Regular Session
Rules - Legislative May 12th, 2026
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.
- I mean, I suspected, as we always do around here, that occasionally fiscal notes are inflated for factors
Summary:
The Legislative Rules Committee met with a quorum and held a public hearing on Senate Bill 1694, along with related Senate Bill 1688, both described by the sponsor and supporters as a modernization and expansion of the Missouri Downtown and Rural Economic Stimulus Act (MODESA). Senator Steve Roberts said the bills would broaden redevelopment tools, extend timelines, expand residential incentives, and help projects in St. Louis and other communities without using general revenue. Supporters from the Cordish Companies, the City of Kansas City, Greater St. Louis Inc., Historic Revitalization for Missouri, and BioSTL emphasized past redevelopment successes, including Power & Light, Ballpark Village, and potential reuse of large vacant buildings such as the AT&T Tower and Railway Exchange Building. They argued the proposal would leverage private investment, create jobs, and provide a predictable statewide framework. One witness opposed the bill, arguing it would create more bureaucracy, rely on tax abatements and TIF, and burden taxpayers. Committee members asked questions about the bill’s scope, rural component, fiscal note, and specific redevelopment targets, and the public hearing then closed.
After a brief stand-at-ease, the committee entered executive session and adopted a substitute for the combined Senate Bill 1694/1688 package, then voted do pass on the House Committee Substitute for Senate Substitute for Senate Committee Substitute for Senate Bills 1694 and 1688 by a vote of 10-0. The committee also considered Senate Bill 1586, a solid waste measure, and voted do pass Senate Substitute Number 2 for Senate Committee Substitute for Senate Bill 1586 by a vote of 8-2. Finally, the committee took up Senate Bill 889, a cleanup bill removing obsolete statutes, and voted do pass the House Committee Substitute for Senate Substitute for Senate Bill 889 by a vote of 8-0 with two members voting present. The meeting then adjourned.
TX
Transcript Highlights:
- How does the 2.5 in your bill compare to trying to control property taxes based... based on inflation
- The inflation number because the cities and counties keep their tax roll growth, and in fact...
- So they've got an inflation component and a population component that we just call it by different names
Keywords:
real property, fraud, theft, elderly, disabled, statute of limitations, criminal offense, property rights, property tax, ad valorem tax, voter-approval tax rate, no-new-revenue tax rate, tax rate calculation, Tax Code, local government finance, municipality, county, special taxing unit, sales and use tax, property tax cap
ND
North Dakota 2025-2026 Regular Session
Senate Appropriations - Human Resources Division Apr 10th, 2025 at 02:00 pm
Appropriations - Human Resources Division
Transcript Highlights:
- Okay, so we received the information we requested on the provider inflation, and I think we talked about
- We received the information we requested on the provider inflation, and I think we talked about 2%, 1.5%
- On the department shall increase rates limits 2% for inflation.
Bills:
SB2015
Keywords:
corrections, rehabilitation, prison budget, department of corrections, adult services, youth services, correctional facilities, Heart River correctional center, Missouri River correctional center, James River correctional center, minimum security facility, county jails, regional jails, deferred maintenance, capital construction, strategic investment and improvements fund, Bank of North Dakota, line of credit, tasers, body cameras
Summary:
The committee first discussed a wastewater infrastructure bill, centered on whether state support should be provided as a grant or through the existing Clean Water State Revolving Fund as a low-interest loan program. Department of Environmental Quality official David Brushwine explained that the SRF already finances wastewater projects, can leverage federal funds with state bond proceeds, and could accommodate the Washburn, Lincoln, and Peasant projects if they are ready to proceed. Members noted that losing federal grant support would make projects harder for local residents to afford because costs would be recovered through utility rates or special assessments, but the projects would still be eligible for loans. Senator Magrum indicated he would likely concur with the budget after this discussion, and the bill was set aside for later consideration.
The committee then turned to a proposed amendment for a four-plex housing project for people with disabilities or other special needs. Senator Mathern described Sections 7 and 8 as creating a design consultation appropriation and a revolving loan fund modeled on existing hospital and nursing home loan programs, while Section 9 would transfer $3.3 million from the state infrastructure fund. Members debated ownership, rent subsidies, repayment terms, and whether the state should finance the project directly or leave it to a private developer with Department of Human Services oversight. Concerns were raised that the state should not own the housing and that the proposal needed more work to be workable, but the committee ultimately reached consensus to adopt Sections 7 and 8 and leave out Section 9 for further conference committee discussion.
The committee also reviewed provider inflation and long-term care rate issues, with members discussing whether to support a 2% and 1.5% inflation adjustment and how to handle the $5-per-day basic care rate. Staff explained that the $5 payment was already in the base budget, but members debated whether it should remain ongoing or be treated as one-time funding and paired with a study of rate rebasing. The committee agreed to have draft language prepared to remove the $5 from the base budget and add study language, then moved the bill forward for drafting.
TX
Texas 89th Regular
S/C on County & Regional Government Mar 24th, 2025
S/C on County & Regional Government
Transcript Highlights:
- Rising costs, inflation, and routine expenditures like fuel, electricity, and other consumable purchases
- Second, it also addresses inflation and rising costs.
- Adjusting for inflation, the original $2,000 threshold is far below its intended value in 1998.
Keywords:
family leave, leave pool, county employee, sick leave, vacation leave, family care, pandemic, guardianship, fencing, reservoirs, local government, regulation, land use, conservation capacity, property regulation, fence regulation, reservoir safety, county authority, fencing regulations, counties
TX
Transcript Highlights:
- and acting on the need to have a fully funded judiciary and providing a path for addressing the inflation
- Thank you, Senator Huffman. compensation that will help the value loss to inflation.
- and talked to you about it. is we think the pay should be enhanced a little bit more since 2013, inflation
Keywords:
school safety, Foundation School Program, education funding, student allotment, Texas education, SB 263, Texas franchise tax, cost of goods sold, COGS, broadcasters, television broadcasting, radio broadcasting, media tax, broadcast license, FCC, 47 C.F.R. Part 73, 47 C.F.R. Part 74, film production, television production, tax deduction
TX
Transcript Highlights:
- The need to have a fully funded judiciary and providing a path for addressing the inflation that has
- for today's proposed 15% increase to the judicial compensation that will help the value lost to inflation
- Should be a little enhanced a little bit more since 2013, inflation has run a little bit rampant on us
MO
Transcript Highlights:
- Everybody in this room has lived through the massive inflation that we had a few years ago.
- So if you look at a 30% drop from where it was, plus the inflation of what things cost us, we're actually
- Everybody in this room has lived through the massive inflation that we had a few years ago.
- So if you look at a 30% drop from where it was, plus the inflation of what things cost us, we're actually
AL
Alabama 2026 1st Special Session
Alabama Senate Agriculture, Conservation, and Forestry Committee Feb 11th, 2026
Agriculture, Conservation and Forestry
Transcript Highlights:
- have something in there that's raising the threshold for uh land sales act, and it's basically an inflation
- c><00:04:11.920>
an sales act uh and it's basically an sales act uh and it's basically an inflation - 13.760>
moving <00:04:14.080>that <00:04:14.239>from <00:04:14.480>20 inflation - adjustment moving that from 20 inflation adjustment moving that from 20 to<00:04:15.040>
50 <00
Keywords:
vaccination exemption, religious exemption, medical exemption, vaccine mandate, testing requirement, public schools, K-12, students, parents, guardians, higher education, college enrollment, university attendance, public institutions of higher education, immunization, religious tenets, sincerely held belief, school health policy, Alabama, AHSAA physical form
FL
Florida 2026 Regular Session
Appropriations Committee on Agriculture, Environment, and General Government Jan 21st, 2026
Appropriations Committee on Agriculture, Environment, and General Government
Transcript Highlights:
- Armstrong mentioned, all of a sudden we had this inflation and... Well, you know, like Mr.
- Armstrong mentioned, all of a sudden we had this inflation and everything got more expensive.
- Armstrong mentioned, all of a sudden we had this inflation and Well, you know, like Mr.
- Armstrong mentioned, all of a sudden we had this inflation and everything got more expensive.
Summary:
The Appropriations Committee on Agriculture, Environment, and General Government heard budget presentations from all five water management districts for FY 2026-2027: Northwest Florida, Suwannee River, St. Johns River, Southwest Florida, and South Florida. Each district described its preliminary budget, major funding sources, staffing levels, and how most of its spending is tied to the four core missions of water supply, water quality, natural systems, and flood protection. Several directors noted budget reductions from the prior year largely because major projects were completed or because grant/appropriation funding is not yet fully reflected in preliminary budgets. Committee members repeatedly asked how districts project operations and maintenance costs, how projects are selected, and what share of staff and spending is devoted to core missions versus administration or regulatory work.
Northwest Florida Water Management District said its preliminary budget is $93.4 million, down about 15%, with 97% of spending tied to core responsibilities and a request for additional regulatory services funding. Suwannee River Water Management District presented a $70.4 million budget, emphasized its rural/agricultural character and spring protection work, and highlighted the Water First North Florida reclaimed-water recharge project; members also discussed its need for an additional FTE to handle consumptive use permit reviews tied to a new lower Santa Fe rule. St. Johns River Water Management District presented a $181 million budget, highlighted major water supply, water quality, flood protection, and land management projects such as Taylor Creek Reservoir, Water First North Florida, Black Creek, Crane Creek, and Lake Jessup restoration, and said about 93% of its budget supports core missions.
Southwest Florida Water Management District presented a $227.6 million budget, with major spending on alternative water supply, water control structure repairs, watershed projects, and land management; officials said 93.4% of the budget supports core missions and discussed rising construction costs for aging infrastructure. South Florida Water Management District presented the largest budget at $1.05 billion, focused on Everglades restoration, flood control, water supply, and ecosystem recovery; the director described major reservoirs and treatment projects, the EAA Reservoir, and ongoing efforts to improve water quality and restore flows to the Everglades and Florida Bay. The committee took no formal votes on the district budgets and adjourned after the presentations and questions.
TX
Texas 89th Regular
Pensions, Investments & Financial Services Mar 3rd, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- Inflation is causing problems, and then historically...
- . . . . . . . . . . . . . . that are designed to sort of mitigate against downside risk, either inflation
- of current inflation. Obviously, each retiree's situation is different, but...
- I mean, there was a period of time where, you know, annual inflation was trending above 6%. for sure.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Telecommunications, Utilities and Energy Jun 21st, 2026 at 01:00 pm
Joint Committee on Telecommunications, Utilities and Energy
Transcript Highlights:
- And at a time when inflation and food is a significant problem for our constituents, this would step
- The tax credits were included in the Inflation Reduction Act, but the Inflation Reduction Act, ...in
- the Inflation Reduction Act, but the Inflation Reduction Act is resulting in a lot of construction, especially
Summary:
The committee on Telecommunications, Utilities and Energy heard testimony on several transportation and clean-fuel bills. Supporters of H. 3535 argued for delaying or pausing enforcement of Massachusetts’ zero-emission vehicle sales mandate, saying the current ACC2 timeline is unrealistic given low ZEV sales, limited charging infrastructure, dealer inventory concerns, and potential economic impacts on dealerships, consumers, and tax revenue. Opponents of that approach, including automakers and clean transportation advocates, said the state should stay on course with electrification and that the mandate is necessary to meet climate goals. The committee also heard support for H. 3570/S. 2326 to update vehicle emission standards for municipal and utility fleets, with municipal utility representatives saying current electric truck technology, charging access, and costs make the rules impractical for critical public services.
A major portion of the hearing focused on S. 2246, the Freedom to Move Act, which would require MassDOT and regional planning agencies to set vehicle miles traveled reduction goals and align transportation spending with climate targets. Supporters said the bill would better coordinate transportation planning, encourage transit, biking, and walking, and help Massachusetts meet emissions goals while saving money and improving public health. Some committee members raised concerns that the bill could duplicate existing transportation climate mandates and could disadvantage rural residents who must drive long distances; witnesses responded that the bill is meant to add coordination and flexibility, not impose a one-size-fits-all solution.
The committee also heard testimony on H. 3448, which would set deadlines to electrify school buses and public fleets and create programs for private fleet electrification. Advocates said fleet electrification is a practical way to cut emissions, improve air quality, and save money over time, especially for schoolchildren exposed to diesel exhaust. Several witnesses also supported low-carbon fuel standard bills H. 3576 and S. 2251, arguing they would reduce fuel carbon intensity and generate revenue for charging and clean-fuel investments. Others, including a coalition opposed to private jet expansion, objected to the bills’ treatment of sustainable aviation fuel, saying it is not scalable, is expensive, and could create land-use and food-supply tradeoffs. No votes or formal committee actions were taken in the hearing excerpt provided.
LA
Transcript Highlights:
- It looks a little inflated to me. Just my observation.
- And all of us can kind of recognize when there are some inflation or things of that nature that's going
- But again, it just goes to, for most of us who are sitting up here, we know an inflation and a fiscal
- seems to be some—” “As I said on the onset, that in this note, there seems to be some measure of inflation
- But at the same time, I do recognize when a budget has been inflated, and I do recognize when we are
Keywords:
registrar of voters, parish registrar, chief deputy registrar, confidential assistant, election administration, elections, salary schedule, compensation, merit evaluation, population-based pay, census-based pay, Department of State, Secretary of State, State Board of Election Supervisors, redistricting, senate districts, Senate District 33, Senate District 34, Senate District 35, precincts
LA
Louisiana 2026 Regular Session
Commerce May 20th, 2026
Commerce, Consumer Protection, and International Affairs
Transcript Highlights:
- step forward to give people the assurance they need to even consider this type of hedge against inflation
- step forward to give people the assurance they need to even consider this type of hedge against inflation
- I think this is a great way for people to hedge against inflation for the common person.
- sponsor and the committee's attention and recognition that gold and silver are the answer to the inflation
- problems and the monetary problems facing this, but the solution is now. the answer to the inflation
Summary:
The committee took up several House measures. HCR 66, as amended, asked Louisiana Economic Development and the Governor’s Office of Rural Development to study rural parish assets, infrastructure, workforce, and development opportunities, and it was moved forward without objection. HB 387, a clarification to allow the fire marshal’s office to review architectural and engineering plans equally, also passed favorably without objection. HB 1223, which would have LED promote Louisiana’s clinical trial capacity and adjust internal review board processes, was amended and moved favorably. HB 950, aimed at helping older adults recognize and avoid fraud through materials and resources from the Office of Elderly Affairs, was reported favorably. HB 975, a routine measure to recreate the Public Service Commission, was also reported favorably. HB 1186, which would create a more uniform statewide building code and licensing system for inspectors, was amended and moved favorably. HB 1222, described as a Grocery Initiative Act to let LED identify ways to address food deserts and food insecurity, was introduced near the end of the meeting.
The most extensive debate centered on HB 617, a consumer transparency bill requiring mandatory fees to be included in upfront pricing. The author said the bill was intended to curb hidden fees and help consumers compare prices, with examples such as hotel resort fees and automatic restaurant service charges. Supporters argued it would improve transparency, while opponents from grocery, restaurant, hotel, housing, retail, and business groups said the bill was too broad, vague about terms like “total price,” unclear on enforcement and penalties, and could create compliance burdens and litigation risk, especially for small businesses. Housing advocates opposed the bill’s housing carve-out, arguing it could weaken renters’ ability to bring unfair-practice claims. Senator Morris moved to defer HB 617, and the committee agreed without objection.
The committee also heard lengthy testimony on HB 797, which would create a Bayou Gold certification for certain transactional gold vendors that meet state-defined standards such as segregation, insurance, and nearby storage. The sponsor said the goal was to give consumers confidence and encourage vendors to keep gold closer to Louisiana, while critics argued the program would amount to a state endorsement of private companies, create misleading consumer impressions, and expose the state to confusion or liability. The bill drew opposition from the Sound Money Defense League and others, but the committee ultimately reported HB 797 favorably, with the understanding it still had to go to Finance. HB 1228, a hearing-aid cleanup bill updating definitions, contracts, testing periods, and licensing rules, was also moved favorably without objection.
MN
Minnesota 2025-2026 Regular Session
House Human Services Finance and Policy Committee 3/11/26
Human Services Finance and Policy
Transcript Highlights:
- So this chart is adjusted for inflation.
- So, as you saw, from 2001 to 2015, caregivers got functionally less pay compared to inflation, and BR
- worked to fight against inflation, increased wages over time for those workers.
- Mandates and fees are contributing to a growing affordability problem. less paid compared to inflation
- and DVR, work to fight against inflation, increased wages over time for those workers and then 2025
HI
Hawaii 2026 Regular Session
WAM, WAM-EDT, WAM-WLA, WAM, WAM Public Hearings 03-05-2026
Transcript Highlights:
- And so, as you all know, families across the state have had to tighten their belt because of inflation
- And so, as you all know, families across the state have had to tighten their belt because of inflation
- because<00:16:59.199>
of to tighten their belt because of to tighten their belt because of inflation - :01.360>
we <00:17:01.600>think <00:17:01.759>that <00:17:01.920>the inflation - And so, we think that the inflation.
Summary:
The committees took up several measures, with most action focused on SB 3125 relating to income tax changes. The chair explained a proposed SD1 that would preserve standard deduction increases and keep tax relief for working- and middle-class households while removing future bracket adjustments for higher-income filers. The Department of Taxation estimated roughly a $122 million gain from the bracket changes, about a $600 million loss from extending certain credits, and about $145 million in claimed credits under the repeal provisions, for a rough net gain of about $250 million. Testimony was mixed: the Governor’s office and DOTAX supported the intent with technical corrections; the Hawaii State Energy Office and several advocates supported the revenue approach; while Grassroots Institute and others opposed rolling back promised tax relief. Renewable energy and solar representatives opposed repeal of credits affecting their industries, and nonprofit witnesses urged preserving state capacity to fund housing, education, food security, and other services. The chair recommended adoption of the proposed SD1 with additional amendments, and the recommendation was adopted with reservations noted by some members.
The committees also acted on SB 3169 relating to coastal resilience, SB 2001 relating to the Banyan Drive Community Development District, and SB 3334 concerning deputy superintendent positions. SB 3169 was amended to incorporate Oceanit’s recommendation regarding native burrow sites, make technical changes, and delay the effective and repeal dates; the recommendation passed. SB 2001 was recommended to pass with HCDA amendments, a July 1, 2050 effective date, and additional technical changes, with the committee report to note continued desire for community engagement from descendants; one member expressed concern that lineal descendants should have a more direct role, and the measure was adopted with reservations. SB 3334 was reconsidered to add a blank general fund appropriation to establish two FTEs in the superintendent’s office for deputy superintendent positions; members raised reservations about the role of the Board of Education in evaluations, but the recommendation was adopted.
Several other bills were moved with little or no discussion. SB 2338, SB 2431, SB 2438, SB 2593, and SB 2671 were each recommended to pass unamended and were adopted. SB 2662 was recommended to pass with technical amendments based on SPO testimony, with the committee report reflecting concerns raised by the Attorney General and ERS; it was adopted. SB 2563 was deferred indefinitely after testimony from the Statewide Office of Homelessness and Housing Solutions said similar existing programs could address the bill’s concerns and the measure was not needed at this time. SB 3296 was deferred because a House bill on the same subject was already moving over.