Video & Transcript Research : 'Inflation'
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AL
Alabama 2025 Regular Session
Alabama Senate Banking and Insurance Committee Feb 19th, 2025
Banking and Insurance
Transcript Highlights:
- put aside for the fact the problem here is... ...the problem here is just as much the artificially inflated
- So, putting aside for a second those inflated costs, I urge the committee to focus on that 10 to 15%
- I understand that drug costs have gone up; inflation is a problem for all of us. inflation is a problem
MN
Minnesota 2025-2026 Regular Session
Press Conference: DFL Caucus Members Discuss Work Ahead in 2025 Session - 02/10/25
Transcript Highlights:
- They were one of the reasons he got elected, because of the high egg prices and inflation.
- elected was because the high egg prices elected was because the high egg prices in<00:19:28.840>
inflation - 29.679>
egg <00:19:29.880>prices <00:19:30.159>have <00:19:30.280>been in inflation - prices egg prices have been in inflation prices egg prices have been going<00:19:30.760>
up <00
MN
Minnesota 2025-2026 Regular Session
House Republican Press Conference 2/5/25
Transcript Highlights:
- in today's environment, again because of the rising cost of living that we have seen because of inflation
- have seen rising cost of living that we have seen because<00:01:18.720>
of <00:01:18.880>inflation - > and<00:01:19.799>
far <00:01:20.000>too <00:01:20.200>much because of inflation - and far too much because of inflation and far too much government<00:01:20.799>
spending <00:01
Summary:
House Republicans held a press event to announce two priority bills focused on immigration and state spending. Rep. Isaac Schultz said his bill, House File 10, would stop taxpayer funding for people in Minnesota illegally, including through programs such as Northstar Promise, MinnesotaCare, medical assistance, and legal services. He framed the proposal as a way to redirect limited state resources to Minnesota families, veterans, people with disabilities, the homeless, and infrastructure needs, and said it could save more than $100 million, with some estimates discussed during debate reaching about $200 million for MinnesotaCare alone.
Rep. Max Rymer introduced House File 16, which would require reporting to ICE or other federal immigration authorities when an undocumented immigrant is suspected of committing a violent crime, and would bar local governments from withholding information from federal authorities. He said the bill is intended to end sanctuary-city practices and improve public safety. Both lawmakers argued that the measures are narrow, targeted at violent offenders, and consistent with cooperation with federal immigration enforcement. They also said the bills respond to voter concerns about illegal immigration and rising costs.
During questions, the members said the state-funding bill is aimed at state dollars, while the reporting bill complements federal law by addressing local noncooperation. They discussed concerns about eligibility tracking and said current programs do not provide enough data on how many undocumented people receive benefits. Schultz cited a family in his district that lost MinnesotaCare after an income change as an example of what he sees as unfair treatment compared with benefits for undocumented immigrants. No votes were taken at the event; the lawmakers said these are the first of several bills they plan to advance this session.
MN
Minnesota 2025 1st Special Session
Working Group on Omnibus Human Services Appropriations - 05/22/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- This is a reduction related to APS inflation for nursing facilities.
- This is a proposal that would use CPI-U as a mechanism for future DWRS inflation adjustments, as well
- Moving on to line 480 is a House position on DWRS inflation adjustment, which ties the DWRS rate system
- adjustments as well as it DWRS inflation adjustments as well as it would<00:13:58.639>
also <00 - <00:14:33.440>
adjustment position on uh DWRS inflation adjustment position on uh DWRS inflation
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-05-08 - 11:30AM
Vermont Senate Floor Meeting
Transcript Highlights:
- Accounting for inflation, the total payment over 20 years is comparable to paying $50 million.
- Accounting for<01:03:40.640>
inflation, <01:03:41.920>the <01:03:42.160>total <01 - :03:42.559>
payment <01:03:43.119>over <01:03:43.599>20 for inflation, the total - payment over 20 for inflation, the total payment over 20 years<01:03:44.880>
is <01:03:45.200> - budget when you adjust for inflation budget when you adjust for inflation from<02:03:57.760>
AL
Alabama 2026 Regular Session
Alabama Joint Legislative Budget Hearings - Education Feb 2nd, 2026
Transcript Highlights:
- First, they had passed the Inflation Reduction Act, which increased costs to Medicare Advantage plans
- <00:15:14.639>
Things then you've also got inflation. - Things then you've also got inflation. Things cost<00:15:15.839>
more. - <01:07:39.599>
which income even as we've had inflation which income even as we've had inflation - is um really not totally above inflation is um really not totally above inflation but<01:07:43.599
TX
Transcript Highlights:
- Inflation makes it hard for students and their families to afford the cost of a quality education, and
- inflation also makes it increasingly difficult. for universities to manage the rising cost of providing
- Over the long run, I think, at the end of the day, there is going to be inflation.
- We would ask you to fund that enrollment growth and inflation.
- We also request $50,000 in exceptional item funding that will offset inflation.
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Housing, Construction and Community Development - 03/31/2026
Housing, Construction, and Community Development
Transcript Highlights:
- believe it is rare because, again, costs generally in our society don't, you know... ...we have high inflation
- and low inflation; we rarely have deflation—but in a circumstance where a rent guidelines board were
- a long-standing conversation about whether wages in these professions have been keeping up with inflation
Summary:
The Senate Committee on Housing, Construction, and Community Development met on March 31, 2026, with a quorum present and noted that the Legislature was in budget negotiations and approaching a scheduled break. The committee took up several housing-related bills, with most being reported to Finance after discussion. The first bill, S.3742A, would require information to be provided in new and renewal leases for certain housing accommodations, and it was reported without opposition. S.4659B, the Rental Emergency Stabilization for Tenants Act, generated the longest debate; supporters said it would give local governments outside New York City a more flexible way to determine a housing emergency and opt into rent stabilization, while opponents argued it lacked a clear vacancy-rate standard, could discourage development, and would benefit higher-income tenants. The bill was ultimately reported, with some negative votes and one or more votes without recommendation.
The committee then discussed S.8168, which would create a deconstruction and salvage framework for building materials, including local options, technical assistance, grants, and related code updates. Supporters said it could reduce landfill use, lower disposal costs, and encourage reuse markets, while opponents questioned costs, market demand, and whether the program would raise housing and demolition expenses. The bill was reported, again with some negative or without-recommendation votes. S.8595, dealing with how certain valuations and amounts due are calculated in foreclosure actions, was also reported. S.8672, the Employer-Assisted Housing Matching Grant Act, would provide a state match for employer housing assistance for certain nonprofit human services employers; members raised concerns about scope, possible double-dipping, and whether the program should be expanded to other workers, but the bill was reported with some negative and without-recommendation votes.
The final bill, S.94A, made a minor amendment to the Housing Access Voucher Pilot Program regarding priority applicants and unit inspections, and it was reported as well. Throughout the meeting, members repeatedly emphasized that several proposals were optional for local governments or employers rather than mandates, and many of the exchanges focused on affordability, housing supply, local control, and the fiscal effects of the bills. No floor votes were taken; the committee’s actions were limited to reporting the bills to Finance, with some reported favorably and others reported with negative or without-recommendation votes.
TX
Texas 89th 2nd C.S.
Texas Ethics Commission Feb 11th, 2026
Transcript Highlights:
- They remained there until 2019, when the Commission began adjusting thresholds annually for inflation
- They were adjusted annually for inflation upwards, and they are currently at $990 for lobby expenditures
- These amounts are round, easy to remember numbers that track generally with inflation if calculated from
Summary:
The Texas Ethics Commission convened at 9:03 a.m. and held an executive session, reconvening at 10:18 a.m. During the meeting, the Commission approved a settlement agreement with Michael Quinn Sullivan, ending ongoing litigation. The agreement involved Sullivan dropping his legal challenges regarding a civil penalty previously imposed by the Commission. The Commission also announced personnel changes, including the departure of the director of enforcement, Marie Prim, and the appointment of Jordan Hun as interim director.
The Commission discussed outside counsel contracts, approving the addition of Bickerstaff, Heath, Delgado, Acosta LLP to their pool of qualified vendors. They scheduled their next meeting for September 23rd and approved minutes from previous meetings. The agenda included several rulemaking items, with three rules adopted and five proposed for publication in the Texas Register. Notably, amendments to Chapter 20 regarding reporting contributions and expenditures were approved, as well as changes to lobbyist registration thresholds in Chapter 34, which were proposed for publication.
The Commission also addressed advisory opinions, adopting several, including one regarding political advertising by charter schools and another concerning the revolving door prohibition for former state employees. Appeals for administrative waivers and reductions of fines were considered, with several fines waived or reduced based on individual circumstances. Lastly, the Commission discussed policies related to alternative dispute resolution and clarified responsibilities between the Commission and staff, concluding the meeting at 11:15 a.m.
TX
Texas 89th 2nd C.S.
S/C on County & Regional Government Mar 24th, 2025
S/C on County & Regional Government
Transcript Highlights:
- And with rising costs, inflation, routine expenditures like fuel, electrical, and other consumable purchases
- Second, it also addresses inflation and rising costs of adjusting for inflation.
MN
Minnesota 2025 1st Special Session
House Environment and Natural Resources Finance and Policy Committee 2/20/25
Environment and Natural Resources Finance and Policy
Transcript Highlights:
- excellent opportunity that the state had under the climate pollution reduction grants through the Inflation
- <00:37:44.319>
reduction <00:37:44.839>act <00:37:45.359>um through the inflation - reduction act um through the inflation reduction act um this<00:37:45.720>
was <00:37:46.160>< - It appears to be particularly Inflation Reduction Act dollars that are experiencing this unreliability
- inflation reduction act dollars<01:16:31.760>
that <01:16:31.920>are <01:16:32.280>
Keywords:
human services, Medical Assistance, Medicaid, long-term services and supports, LTSS, public assistance, application process, eligibility determination, customer service survey, wait times, form complexity, lead agencies, Department of Human Services, Department of Children Youth and Families, streamlining, administrative reform, case management, reassessment, intake system, adaptive eligibility form
MN
Minnesota 2025 1st Special Session
Committee on Housing and Homelessness Prevention - 03/20/25
Housing and Homelessness Prevention
Transcript Highlights:
- And so obviously inflation can't be the primary catalyst.
- And so obviously inflation can't be the primary catalyst.
- And so obviously inflation can't be the primary catalyst.
- So I think maybe just going forward to use the word inflation.
- So I think maybe just going forward to use the word inflation.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Financial Services Jun 21st, 2026 at 10:30 am
Joint Committee on Financial Services
Transcript Highlights:
- Well, I know that the FTC found that the largest PBMs inflated drug costs at their affiliated pharmacy
- The system inflates list prices, and because my out-of-pocket costs are tied to those inflating prices
- that patients like me pay the lowest negotiated price for their drugs instead of an artificially inflated
- tools to review our highest-cost drugs and assure we're paying for true innovation and not just inflated
Summary:
The committee held a lengthy hearing on a large docket of pharmacy and drug-pricing bills, with most testimony focused on PBM reform, 340B drug discount program protections, specialty medication access, and medication adherence. Chair James Murphy and Senator Paul Feeney opened the hearing and took testimony from legislators, patient advocates, pharmacists, health center leaders, industry representatives, and policy groups. Several speakers described delays, denials, high out-of-pocket costs, and pharmacy closures tied to PBM practices, while others emphasized the importance of community health centers and independent pharmacies in serving patients.
On the 340B program, supporters including Senator Eldridge, Senator Payano, Community Care Cooperative, Fenway Health, the Massachusetts League of Community Health Centers, and several community health center leaders argued that bills such as H. 1107 and S. 819 would stop discriminatory PBM and manufacturer practices, preserve contract pharmacy access, and protect safety-net providers that say they reinvest savings into care, pharmacy expansion, interpreter services, behavioral health, and other services. Opponents including PhRMA, the Community Liver Alliance, and a public policy analyst argued the program lacks transparency and accountability, has grown beyond its original purpose, and may benefit large hospitals and for-profit entities more than low-income patients. They urged more reporting and oversight rather than expanding protections.
On PBM reform, testimony supported bills including H. 1157, H. 1234, S. 724, S. 831, and related measures that would require rebate pass-through, ban spread pricing, limit steering to PBM-owned pharmacies, and improve reimbursement for community pharmacies. Independent pharmacists and patients said current PBM practices raise costs, create administrative burdens, and threaten access to local pharmacies. PCMA, representing PBMs, opposed the reforms, arguing PBMs lower costs, that plan sponsors choose to contract with them, and that the Health Policy Commission and CHIA should complete their ongoing study before new mandates are adopted. The committee also heard support for H. 1322 and S. 734 on specialty medications, and for H. 781 and H. 1305 on medication synchronization to improve adherence. No votes or formal actions were taken during the hearing.
KY
Kentucky 2026 Regular Session
House Budget Review Subcommittee on Personnel, Public Retirement, and Finance (1-14-26)
Transcript Highlights:
- ><00:23:23.600>
for <00:23:23.840>this <00:23:24.080>capital Primarily it's inflation - that could do something like this throughout the years to ensure, and we've kept that up to date as inflation
- 26.240>
as ensure and we've kept that up to date as ensure and we've kept that up to date as inflation - 29:27.679>
but <00:29:28.480>um <00:29:28.720>we've <00:29:29.039>had inflation - has grown but um we've had inflation has grown but um we've had independent<00:29:29.840>
reviews
Summary:
Personnel Cabinet and Kentucky Employees Health Plan officials presented a request to replace the Kentucky Human Resources Information System (CHRIS), the state’s HR/payroll ERP system procured in 2007. They said the system supports core HR and payroll for about 48,000 state employees, 24 sheriff and county clerk offices, and the Kentucky Employees Health Plan, which covers more than 300,000 lives. Officials emphasized that SAP has said the system will be end-of-life and out of support by 2030, which would eliminate security updates, vendor maintenance, and tax-compliance support. They argued that replacement is necessary to protect sensitive personnel and health data, maintain payroll accuracy, and avoid major operational and cybersecurity risks.
Officials described the project as a true replacement, not just an upgrade, and said the proposed $151 million request covers a five- to six-year implementation, stabilization, and ongoing maintenance period. They broke down the estimate as including roughly $54 million for software licensing and hosting, about $76.5 million for systems integrator/professional services, and additional amounts for independent verification and validation, dependent verification for the health plan, FSA administration, contingency staffing, and hardware-related needs. They said the cost increase from prior estimates was mainly due to inflation and updated requirements. They also noted that payments would be tied to deliverables and checkpoints, with third-party IV&V oversight, and that the cabinet expects to continue normal quarterly IT reporting to LRC while also providing at least monthly project updates because of the 2030 deadline.
Committee members asked about the total cost of ownership, recurring operating costs, the size of the integrator contract, how vendor costs were estimated, and how progress would be tracked. Officials said they used market research, peer-state comparisons, vendor discussions, and independent reviews, including input from AON and a third-party QA resource. They explained that the integrator would handle requirements mapping, system design, configuration, training, change management, and implementation support across the Personnel Cabinet, KHP, and other stakeholders. No vote or formal action was taken during the discussion; the meeting consisted of testimony, questions, and answers on the funding request and implementation plan.
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Oct 8th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- salary growth for state and local government employees for the nation as a whole has been less than inflation
- . has been less than inflation.
- State and local government employee salaries generally have not kept pace with inflation.
- future increase, and that's where you have heard from our You know, our COLA is not keeping up with inflation
- In population compared to the actives, giving that increase to help with inflation and the cost of living
MN
Minnesota 2025-2026 Regular Session
House Judiciary Finance and Civil Law Committee 4/8/25
Judiciary Finance and Civil Law
Transcript Highlights:
- We need more than just inflation-adjusted funding.
- , you know, employee compensation, for example, we feel that employees deserve to stay even with inflation
- ><00:32:14.559>
stay <00:32:14.880>even <00:32:15.200>with <00:32:15.440>inflation - know deserve to stay even with inflation know deserve to stay even with inflation for<00:32:16.240
Bills:
HF2300
HI
Transcript Highlights:
- ensure that patients would pay the lowest negotiated price for that drug instead of the artificially inflated
- ensure that patients would pay the lowest negotiated price for that drug instead of the artificially inflated
- ensure that patients would pay the lowest negotiated price for that drug instead of the artificially inflated
- ensure that patients would pay the lowest negotiated price for that drug instead of the artificially inflated
- ensure that patients would pay the lowest negotiated price for that drug instead of the artificially inflated
Summary:
The joint hearing began with SB 59 on prescription drugs, which drew extensive testimony from insurers, pharmacies, patient advocates, and health organizations. Supporters argued the bill would address PBM practices such as spread pricing, unclear reimbursement, and patient steering, and would help independent pharmacies and lower patient costs by passing rebates through to consumers. Opponents from health plans and PBM-related groups raised concerns, while Walgreens supported the measure and suggested amendments to establish a reimbursement floor. After questions, the committee accepted the Hawaii Pharmacist Association’s proposed amendments, added technical changes and a defective date of December 31, 2050, and voted to pass SB 59 with amendments.
The remainder of the hearing focused on a series of nominations and reappointments to health, aging, disability, mental health, juvenile justice, and advisory boards. Nominees and agency representatives generally described their backgrounds and interest in serving, with support testimony emphasizing experience, continuity, and the value of volunteer service. Several nominees highlighted issues such as mental health access, substance abuse treatment, elder services, language access, disability access, and rehabilitation services. The Department of Health, SHPDA, DHS, and other organizations largely testified in support of the nominees.
No votes were taken on the nominations during the transcript excerpt, and the chair repeatedly thanked the nominees for their service and testimony. The hearing also included brief procedural remarks about time limits, Zoom testimony, and a possible reconvening date in case of technical difficulties.
HI
Hawaii 2025 Regular Session
JHA Public Hearing - Wed Feb 26, 2025 @ 2:00 PM HST
Judiciary & Hawaiian Affairs
Transcript Highlights:
- So is there an explanation on subject to inflation as it applies to rent rate?
- Price Index or a similar inflation index.
- So is there an explanation on subject to inflation as it applies to rent rate?
- Price Index or a similar inflation index.
- <01:27:48.159>
that rent was being charged and inflate that rent was being charged and inflate
Summary:
The committee heard testimony on several housing, land use, and preservation bills. HB 1008 HD2 would require the Department of Land and Natural Resources to complete historic preservation determinations for state affordable housing projects within 90 days and create sensitivity-based review pathways. HHFDC, DLNR’s State Historic Preservation Division, and written testimony from DBEDT supported the bill as an expedited process for projects unlikely to affect significant historic resources. Members asked how the bill would define significant versus non-significant historic properties, how it would interact with Kapakai analysis, and whether burial councils had been consulted; SHPD said the bill would not replace Kapakai review and that burial councils had not been included. Written support also came from OHA, Hawaii Realtors, and the Maui Chamber of Commerce.
HB 1093 would clarify the Hawaii Public Housing Authority’s powers relating to housing projects. HPHA supported the measure, saying it would align definitions with prior law and help deconcentrate poverty by allowing mixed-income rebuilding. The director also said the bill was increasingly urgent because of reported federal HUD priorities that could affect public housing and Section 8 funding. HB 1096 HD1 would repeal state low-income housing preferences for disabled veterans and spouses of deceased veterans, with HPHA saying federal veteran programs such as VASH are a better mechanism and that the state preference has not been used in years. HB 1411 would allow HHFDC projects to give sale or lease preferences to applicants who live or work within five miles of a project; HHFDC and the Hawaii Chapter of NAIOP supported it as a way to keep residents connected to their communities, while members raised constitutional concerns about broader local-preference policies.
The committee also heard HB 367 HD1, which would create county permit exemptions for certain agricultural and maintenance activities. Written testimony included opposition from the Department of Planning and Permitting and support from the Hawaii Farm Bureau, Grassroot Institute, and others. A public testifier opposed the bill, arguing that permit exemptions could worsen safety and compliance problems. Finally, HB 826 HD1 would allow county planning commissions, by special permit, to authorize residential housing in agricultural districts for agricultural workforce housing, long-term rental, or fee simple ownership under certain conditions. HHFDC supported it as a faster alternative to lengthy state land-use redistricting, but the Department of Agriculture, Land Use Commission, and Office of Planning and Sustainable Development raised concerns about food production impacts, due process, service provision, jurisdictional conflicts, and the use of special permits for what could amount to district boundary changes. Public testimony was mixed, with some support and some opposition. No votes or final actions were taken in the portion provided.
NH
New Hampshire 2025 Regular Session
House Labor, Industrial and Rehabilitative Services (04/22/2025)
Labor, Industrial and Rehabilitative Services
Transcript Highlights:
- So they would expect, so essentially they would expect medical inflation to go up a lot, and medical
- inflation has not gone up as was expected. voluntary market just won't take it.
- to go up a lot and medical inflation to go up a lot and medical inflation<00:25:28.480>
has <00 has and inflation does what inflation has and inflation does what inflation has done<01:22:55.040- It could be because of inflation, right?
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Racial Equity, Civil Rights, and Inclusion Jun 21st, 2026 at 01:00 pm
Joint Committee on Racial Equity, Civil Rights, and Inclusion
Transcript Highlights:
- So my question is actually around degree inflation: are there things we're doing to...
- And is there something we legislatively or you, an administration, can do about this degree inflation
- When combined with inflation and higher borrowing costs, these pressures create a predictable pattern
- Today, many residents are struggling with affordability, high inflation, rising costs for housing, child
- Rising inflation has also led to increased food prices nationwide, forcing many families to make painful
Summary:
The Joint Committee on Racial Equity, Civil Rights, and Inclusion held a hearing on the impact of federal policy on the racial wealth gap in Massachusetts, the fourth in a series on federal impacts on racial equity. Chair Bud Williams and Chair Miranda opened by emphasizing that no bills were being heard and that the committee would instead take testimony from invited witnesses; public written testimony was also accepted. The chairs and witnesses repeatedly cited long-standing wealth disparities affecting Black and brown communities, including homeownership, wages, business ownership, and access to capital, and linked those disparities to federal policy changes, housing, education, health care, and workforce development.
Administration officials testified first. Secretary of Labor and Workforce Development Lauren Jones described persistent labor market disparities, including higher unemployment for Black and Latino residents, lower median hourly wages, and underemployment among degree holders, and highlighted state efforts such as ESOL-for-work funding, workforce training grants, MassHire career centers, skills-based hiring, and the state equity dashboards. Secretary of Health and Human Services Kiami Mahania argued that poverty drives poor health, not the reverse, and said wealth gaps contribute to chronic disease, maternal health inequities, medical debt, and shorter life expectancy; she pointed to the Advancing Health Equity Massachusetts initiative, a health care affordability working group, and the governor’s push to bar medical debt from credit reporting. Assistant Secretary Juan Vega of EOED focused on entrepreneurship and procurement, citing technical assistance grants, founder support programs, place-based investment, the Business Front Door, and the need to broaden access to contracts, capital, and business growth opportunities.
Committee members pressed the panel on the effects of the federal “big beautiful bill” on households, especially single-parent and Black women-led households, and on whether the state could develop more timely data systems instead of relying on federal numbers. Officials said the impacts were still being monitored, but warned that Medicaid and SNAP changes would likely hit lower-income households and community institutions hard. Members also asked about unions and apprenticeships, microbusiness definitions, supplier diversity, pay equity, and degree inflation; the administration said registered apprenticeships and skills-based hiring are key tools, and noted that wage equity reporting is still in its early stages. Later testimony from BECMA’s Nicole O’Bean stressed that tariffs, DEI rollbacks, immigration enforcement, capital gaps, and federal funding cuts are constraining Black-owned businesses and inclusive procurement, while Gastón Institute researchers described severe Latino homeownership and rent burdens, educational inequities, and the need for housing, labor, and education policy changes to close the wealth gap.