Transcript Highlights:

• That will be retroactive because we are running a surplus.
• It is going to help eat into some of that surplus, and so it will be effective on January 1, 2026.
• So all of this is completely out of the surplus that was unbudgeted amounts, so we can continue to add
• enough to have $100 left, but I know I've got a cavity and bald tires on my car, I do not have a surplus

Summary: The Arkansas Senate convened with prayer, the Pledge of Allegiance, and a brief morning hour that included an announcement about volunteers for the Hunger Caucus “Serving Up Solutions” fundraiser. The chamber then moved to its business agenda, where the main item was Senate Bill 1 by Senator Dismang, which would reduce income tax rates for individuals, trusts, estates, and corporations. Senator Dismang explained the bill as a continuation of tax reductions begun in 2013, lowering the top individual rate from 3.9% to 3.7% effective January 1, 2026, and reducing the corporate rate to 4.1% starting next year. The bill drew debate over state priorities and fiscal tradeoffs. Senator Flowers questioned local sales tax limits and whether future needs such as Medicaid, education, and educational freedom accounts could be funded if taxes were cut further. Senators Tucker and Leding spoke against the bill, arguing the state should prioritize investments in early childhood education, hospitals, maternal health, and public schools rather than returning revenue to taxpayers. Senator McKee spoke in favor, saying money should be returned to the people who produced it. Senator Dismang closed by emphasizing that the tax cut was supported by surplus revenue and that a family making $65,000 had already seen a significant reduction in effective tax burden since 2013. The Senate passed Senate Bill 1 by a vote of 29 yeas to 6 nays and transmitted it to the House. Afterward, members announced that the Revenue and Taxation Committee would meet after House adjournment if the House sent over its tax bill, and the Senate adjourned subject to clearing the desk and reading House Bill 1001 across the desk, until 9 a.m. the next day.

Transcript Highlights:

• That will be retroactive because we are running a surplus; it’s going to help eat into some of that surplus
• Dismang said all of this comes out of the surplus and unbudgeted amounts, allowing the state to continue
• enough to have $100 left, but I know I've got a cavity and bald tires on my car, I do not have a surplus

Keywords: 1204, all

Transcript Highlights:

• That will be retroactive because we are running a surplus.
• It is going to help eat into some of that surplus, and so it will be effective on January 1, 2026.
• So all of this is completely out of the surplus that was unbudgeted amounts, so we can continue to add
• enough to have $100 left, but I know I've got a cavity and bald tires on my car, I do not have a surplus

Summary: The Senate convened, took leave requests, heard prayer and the Pledge of Allegiance, and then moved into the morning business agenda. Senator Irvin announced a Hunger Caucus fundraiser, Serving Up Solutions, and invited members to sign up to wait tables. The chamber then took up Senate Bill 1, which would reduce income tax rates for individuals, trusts, estates, and corporations, continuing a series of tax cuts begun in 2013. Senator Dismang presented the bill, explaining that it would lower the top individual rate from 3.9% to 3.7% effective January 1, 2026, and reduce the corporate rate to 4.1% starting next year. In questions, senators discussed local sales tax limits, the impact of the cut on funding for Medicaid, education, and educational freedom accounts, and whether federal fiscal uncertainty should affect the state’s decision. Supporters argued Arkansas’s conservative budgeting and reserve set-asides made the cut sustainable and that returning money to taxpayers was the best use of surplus funds. Senators Tucker and Leding spoke against the bill, saying the state should prioritize early childhood education, health care, maternal health, and public schools over tax cuts, and that the reduction would mainly provide small benefits to most taxpayers while reducing resources for other needs. Senator McKee spoke in favor, arguing the money should be returned to the people who earned it. The Senate then passed Senate Bill 1 by a vote of 29 yeas to 6 nays and transmitted it to the House. After the vote, members were told the Revenue and Taxation Committee would meet after House adjournment if the House version of the tax bill was transmitted. The Senate then announced it would adjourn subject to clearing the desk and reading a House bill across, with the body set to reconvene the next day.

Transcript Highlights:

• </c><00:41:25.040><c> uh</c> the umu the interest on Surplus uh the umu the interest on Surplus uh presentation
• sales deposits sales of surplus property sales of<04:20:52.760><c> surplus</c><04:20:53.760><c> vehicles
• </c><04:20:54.760><c> Federal</c><04:20:55.239><c> grant</c> of surplus vehicles Federal grant of surplus
• There’s a surplus in the Fish and Game Fund—not a huge surplus, but enough to get them over the hump
• They had a surplus that they’re bringing forward, and they’re paying on those costs.

Keywords: 1189, house, all

Summary: The meeting featured presentations from the Department of Administrative Services and the Treasury Department on state revenue reporting and unclaimed property. State Comptroller Dana Call explained DAS’s role in compiling statewide revenue reports, including the annual revenue plan set through the budget process and the monthly revenue focus reports that track cash receipts. She noted that unrestricted general fund revenue is about $2 billion annually, while miscellaneous other revenue is a much smaller and less predictable category, averaging roughly $30 million to $32 million a year. She also described two more material internal revenue lines: statewide indirect cost recoveries and post-retirement benefit recoveries, which are billed to agencies and often tied to federal reimbursement rules. Members asked about the interest line in the revenue charts and about how the figures were presented, and Call clarified that the totals were in millions and that the interest item would be explained by the Treasurer. She also explained that the indirect cost and post-retirement recoveries are internal cost allocations that flow back into the unrestricted revenue pool and are reflected in agency budgets as interagency costs. Treasurer Monica Meissner then outlined Treasury Department functions, including bank deposits, statewide disbursements, banking relationships, investments, debt management, compliance, the FONA College Savings Program, the ABLE Plan, scholarship programs, and the abandoned property program. In discussing unclaimed property, she said holders report property after a five-year dormancy period, the state uses automated systems and outreach to locate owners, and claim activity has increased. In fiscal year 2024, the state returned about $12.2 million to citizens through roughly 12,000 claims; over the last 10 years, about $72.6 million has been returned. She also said the state escheated $19.9 million to the general fund and $1.8 million to counties last year, and explained that securities-related proceeds are harder to estimate because they depend on market conditions. No votes or formal actions were taken.

Transcript Highlights:

• But until it's a done deal, the money stays in the state surplus, the current surplus that we're in.
• This is talking about the current surplus that we had at the end of last fiscal year is what we'll be
• Okay, what is the surplus estimated to be? All right. The current year? Yes.
• Well, our balance in the surplus... Yes, well, where this $5.18 is going to be found?
• Well, our balance in the surplus that we're working out of is $619 million. Okay.

Summary: The House convened with prayer and the Pledge of Allegiance, established a quorum, granted several leaves, and received gubernatorial approval notices for multiple fiscal-session measures. The chamber then referred House Bill 1034 back to the Joint Budget Committee so pay raises could be stripped out and cybersecurity/bank-fee funding handled later. House Bill 1103, increasing the homestead property tax credit by $75, passed 94-0. Members then considered several budget amendments and appropriations. Amendments to House Bills 1007, 1022, 1036, and 1064 were adopted, and Senate Bill 76, a $2 million appropriation for county extension office capital improvements, passed 87-7. A batch of appropriation bills passed, but several individual bills failed, including House Bills 1023, 1035, 1053, and 1066. House Bills 1089 and 1090, supplemental appropriations for pregnancy crisis centers and waste tire cleanup, both passed. House Bill 1093, a corrections reappropriation bill that excluded use of funds in Franklin County, also passed 94-0. The most extensive debate centered on House Bill 1100 Amendment 1, which set out the RSA and one-time funding package. Supporters described major allocations for corrections, state police, LEARNS Freedom Accounts, Medicaid, vehicle purchases, and a proposed $300 million economic-development site-preparation and road package tied to a confidential project. Opponents criticized the secrecy, size, and policy approach of the incentive, while supporters argued it could bring jobs and broader economic benefits. The amendment passed 54-36-3. The House also passed Senate Bills 8, 16, 30, 63, 67, and 73, while Senate Bills 41 and 59 failed, and Senate Bill 10 passed after being briefly set aside for clarification. The chamber adjourned to 1 p.m. the next day, with committee meetings announced for budget and house management.

Transcript Highlights:

• Currently, state agencies are required to report surplus land, but only if it's ready for sale.
• This will expand the requirement by requiring the Department of General Services to include all surplus
• California is facing a significant budget deficit, and surplus state land presents assets that could
• By ensuring that all surplus and underutilized land is reported, AB 1428 gives the Legislature a full
• By ensuring that all surplus and underutilized land is reported, AB 1428 gives the Legislature a full

Summary: The Governmental Organization Committee heard a series of bills focused largely on alcohol licensing, nonprofit funding, tribal grants, public transparency, and tobacco policy. AB 342 (Haney) would allow local governments to create hospitality zones with extended last-call hours on certain days; supporters argued it would boost tourism, nightlife, and major-event readiness, while opponents warned of alcohol-related harms and public safety risks. AB 684 (Patel) would subject the UC Board of Admissions and Relations with Schools to open-meeting requirements, with supporters saying admissions-related changes should be more transparent and allow schools time to adjust. AB 1008 (Addis) would authorize up to 10 new on-sale general licenses in San Luis Obispo County to meet tourism demand, and AB 1039 (Hart) would require state agencies to offer advance payments on new nonprofit grants and contracts, which supporters said would help cash-strapped nonprofits deliver services. AB 221 (Ramos) would revise the Tribal Nation Grant Fund to provide more predictable annual distributions to eligible non-gaming and limited-gaming tribes, and it drew broad support from tribal representatives and others. AB 795 (Jeff Gonzalez) would create a California commission for the nation’s 250th anniversary celebration, with supporters describing it as a privately funded, nonpartisan planning body. AB 828/AB 28 (Mark Gonzalez, as referenced in the transcript) would expand neighborhood-restricted liquor licenses in Los Angeles County to reduce costs and support restaurant recovery, and AB 1246 (Hoover) would increase craft distillers’ direct sales limits and address barrel-storage rules; both were supported as small-business measures. AB 1428 (Ta) would require reporting of all surplus and underutilized state land, and AB 957 (Ortega) would prohibit tobacco sales in pharmacies, with strong public health support. Several bills were voted out on motions to Appropriations, some with amendments, while others were held or left on call until quorum was established; the committee also adopted a consent calendar and left rolls open for absent members on multiple measures.

Transcript Highlights:

• That's what they would get paid, so that to me is somewhat of a surplus statement adjustment.
• That's what they would get paid, so that to me is somewhat of a surplus statement adjustment.
• statement for the house so the Surplus statement for the house finance<01:02:50.200><c> committee's<
• So will you be including a reference to that on the surplus statement so we can actually see that in?
• </c><01:24:40.000><c> at</c><01:24:40.119><c> the</c> A couple million-dollar surplus at the end.

Keywords: 1189, house, all

Summary: The Finance Division II work session focused on organizing the committee’s remaining budget work and reviewing a set of recommended changes to House Bills 1 and 2. Mr. Landrian explained the committee’s tracking sheets and draft amendment package, noted that the division was being asked to find roughly $200 million in reductions, and said the governor’s lottery proposal in House Bill 2 could help offset part of that target. Members also discussed how revenue estimates tied to fee changes would be handled, with the chair saying the committee could seek Ways and Means input but would ultimately decide the estimates itself. The committee then considered four mostly technical amendments to House Bill 2. It voted unanimously to delete Section 81, which duplicated CCSNH dual and concurrent enrollment language already moving in House Bill 192; to delete Sections 143 and 144, which duplicated police standards and training extra-duty language already in House Bill 778; to adopt a correction to Section 151 that removed an inadvertently repeated sentence; and to delete Section 178 because the same Lottery Commission language already appears in House Bill 1. The committee also agreed to approve Section 4 of House Bill 1, the Lottery Commission boilerplate language, while deferring action on Section 2 of House Bill 1 until the university and community college budget is settled. A substantial portion of the meeting was spent planning upcoming work sessions and discussing possible revenue measures. The committee planned to invite Fish and Game on Monday to review a large set of follow-up materials and to discuss a possible amendment requiring hunters and trappers to pay the license fee before taking free training classes, with a second chance to retake the class if needed. Members also discussed possible fee adjustments for Safety and Fish and Game, including using dedicated-fund fees to reduce reliance on general funds and help stabilize the Highway Fund and Fish and Game Fund. The chair emphasized that all actions were recommendations until the committee’s final deadline and encouraged members to review draft language carefully before voting.

Transcript Highlights:

• </c><01:17:25.440><c> with1</c> last year $18.5 billion Surplus with1 last year $18.5 billion Surplus
• But last year we keep hearing the $18.5 billion surplus was $12 billion of one-time money.
• But last year we keep hearing the $18.5 billion surplus was $12 billion of one-time money.
• But last year we keep hearing the $18.5 billion surplus was $12 billion of one-time money.
• </c><01:23:37.000><c> and</c> when we had an $18.5 billion Surplus and when we had an $18.5 billion Surplus

Keywords: 1183, house

Transcript Highlights:

• expected to be down in Idaho 5 to 10% due to flat demand for beer, and there's currently a global surplus
• expected to be down in Idaho 5 to 10% due to flat demand for beer and there's currently a global surplus
• But we do see some expansion. for beer and there's currently a global surplus of barley.
• Some years, if there is a surplus in the market, less barley is contracted, so the acres are down.
• And if they have too much on hand, if there’s a global surplus, then they’ll contract less the next year

Summary: The House Ag Affairs Committee approved the minutes from its March 16, 2026 meeting and then took up House Bill 879, which Representative John Scheris described as a pared-down version of an earlier industrial hemp bill. He said the measure would bring retail hemp product establishments under the Idaho Department of Agriculture’s oversight to address loopholes involving the sale of THC products such as Delta-8 and Delta-9, while avoiding overregulation of hemp seed, powder, and other legitimate products. Braden Jensen of the Idaho Farm Bureau supported the bill, saying it reflected stakeholder work and would help ensure retail products comply with state law. Representative McCann moved to send HB 879 to the floor with a do-pass recommendation and to place it on second reading, and the committee agreed. The committee then received an update from Laura Wilder of the Idaho Barley Commission. She reviewed the commission’s funding, goals, and programs, and reported that Idaho remained the nation’s leading barley producer, growing 39% of the U.S. crop in 2025 on about 490,000 harvested acres. She highlighted research, market development, and education efforts, including work that has improved yields over time, reduced unnecessary input costs, and supported domestic and foreign market development. Wilder also noted current market softness, including expected declines in malt barley acres and flat prices, but said long-term demand remains promising because of brewing, feed, and food applications. Maya Landa of the Idaho Grain Producers Association followed with a broader overview of the grain economy. She said growers are facing low commodity prices, rising input costs, weather and water risks, trade uncertainty, and policy changes, while noting that wheat and barley remain major Idaho crops and that exports are critical to profitability. She discussed the importance of federal programs, the Farm Bill, the U.S.-Mexico-Canada Agreement, water infrastructure, workforce issues, and commodity commissions. Committee members asked about dam breaching concerns affecting the Columbia-Snake river system and about the stalled Farm Workforce Modernization Act; Landa emphasized the need for continued engagement on those issues. The meeting ended with no further business and adjournment.

Transcript Highlights:

• flooding Select, HB number 67 by Bella Montgomery relating to the allocation and deposit of certain surplus
• The use of certain surplus state revenue for the Committee on Ways and Means.
• to reducing school district maintenance and operations Avalarium taxes through the use of certain surplus
• to reducing school district maintenance and operations Avalarium taxes through the use of certain surplus

Transcript Highlights:

• do here is for a user to understand what is real and what is fake, and requirements both to the hardware
• We question whether there will be guardrails to ensure that the nearly $8 million surplus in the program
• So we question whether or not there will be guardrails to ensure that the nearly $8 million surplus in

Summary: The committee heard testimony on several bills related to reproductive access, child safety online, immigration enforcement in schools, health privacy, location data, digital provenance, reparations, and age assurance. AB 54 would protect the medication abortion supply chain and shield providers and others from liability; AB 1137 would strengthen reporting and enforcement tools for child sexual abuse material on social media; AB 49 would limit ICE activity at California public schools; AB 82 would expand privacy and safety protections for gender-affirming care patients and providers; AB 1355 would restrict the collection, use, and sale of precise location data; AB 853 would expand provenance requirements for AI-generated and authentic content; AB 62 would create a pathway for restitution for racially biased eminent domain takings; and AB 1043 would create a device-based age assurance framework for online services. Supporters generally framed the bills as necessary responses to current harms: reproductive rights advocates emphasized California’s role as a safe haven; child safety witnesses described the persistence and re-victimization caused by CSAM online; immigrant rights and education advocates said schools should remain safe from immigration enforcement; health and LGBTQ+ advocates stressed privacy and safety risks tied to tracking and harassment; privacy and consumer groups backed limits on location data and stronger provenance tools; and reparations advocates said AB 62 would help address historic injustices. Opposition came from family policy, tech, business, law enforcement, and industry groups, who raised concerns about safety claims, constitutional issues, implementation burdens, transparency, law enforcement access, and the need to preserve existing privacy frameworks and voluntary standards. The committee members largely expressed support for the policy goals while noting implementation concerns on some measures. Several members asked for or were offered coauthor status on bills. AB 1137, AB 54, AB 49, AB 82, AB 1355, AB 853, and AB 62 all received do-pass votes to Appropriations, with some members voting no or not voting on certain bills. AB 1355 and AB 853 were advanced with amendments or ongoing work promised with opponents, and AB 1043 was presented with discussion of possible amendments on parental consent and age assurance details, though the transcript cuts off before final action on that bill.

Transcript Highlights:

• So each year we have a surplus; those surplus dollars can be utilized to pay down debt.
• We're constitutionally required to pay down debt... ...those surplus dollars can be utilized to pay down
• , would you agree that, as an instance, this year we have the opportunity once again, with a good surplus

Bills: HB27, HB290, HB308, HB311, HB382, HB417, HB575, HB755, HB980

Keywords: HB 290, Act 426, sunset law, Department of the Treasury, Louisiana Treasury, re-creation, reauthorization, statutory entities, termination date, sunset review, Title 49, fiscal administration, state finance, agency continuation, legislative authority, insurance premiums, Municipal Fire and Police, dedicated fund, assessments, Louisiana legislation

Transcript Highlights:

• HB number sixty-seven by Bella Montgomery relates to the allocation and deposit of certain surplus state
• to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus
• relating to school district maintenance and operations ad valorem taxes through the use of certain surplus
• to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus

Keywords: 997, house, all

Transcript Highlights:

• remember in the current biennium that we're ending on June 30th, there's a projected $3.7 billion cash surplus
• biennium, it'll be very interesting to see how the forecast changes here, but we have a projected surplus
• million of it in inflation to keep level programming across the state, and we'd still have $616 million surplus
• biennium, it'll be very interesting to see how the forecast changes here, but we have a projected surplus
• biennium, it'll be very interesting to see how the forecast changes here, but we have a projected surplus

Keywords: 1183, house

Transcript Highlights:

• , excluding surplus notes.
• Could you define for me the term surplus notes? Mr. Newmire. Thank you, Mr. Chairman.
• A surplus note is a debt instrument that, for insurance company accounting purposes, is treated as surplus
• as surplus, but when this bill was updated and I was involved in this update several years ago, the
• insurance department wanted that addition of reducing the amount by any surplus notes that an insurance

Keywords: 989, all

Summary: The committee first approved the minutes from February 19 and March 11, then took up Senate Bill 1285, which would make non-public school diplomas, including homeschool diplomas, equivalent to public school diplomas or GEDs for occupational and professional licensing in Idaho. Representative Redmond presented the bill as a fairness measure for homeschool and private school graduates, and Melissa Nash of Homeschool Idaho testified in support. After questions about interstate recognition and diploma designation, the committee voted to send SB 1285 to the House floor with a due pass recommendation. The committee then heard House Bill 841, a major prior authorization reform bill aimed at setting clearer standards, timelines, appeal procedures, and reporting requirements for insurers and health plans. Representative Wheeler said the bill was intended to reduce delays in care without dictating prices or benefit design. Testimony from the Idaho Medical Association, a migraine patient, and the Idaho State Dental Association supported the bill as a way to improve transparency and patient access. Despite that support, the motion to send HB 841 to the floor with a due pass recommendation failed on a roll call vote, 9-5, with 4 absent. Next, the committee considered Senate Bill 1262, a narrow insurance investment bill that would simplify a confusing “lesser of” standard by allowing certain miscellaneous investments up to 10% of an insurer’s assets. Representative Ayler’s and a United Heritage Life representative said the change would clarify the code and improve portfolio flexibility; the committee approved the bill and sent it to the floor with a due pass recommendation. Finally, the committee heard House Bill 898, which would move the State Historic Preservation Office from the Idaho State Historical Society to the new Office of Species, Minerals, and Energy Coordination. Supporters argued the move would streamline permitting and align related functions, while opponents—including SHPO staff, preservationists, and historians—warned of conflicts of interest, loss of independence, and possible financial impacts to the Historical Society and local preservation programs. After extensive testimony and debate, the committee did not reach a final vote in the portion provided, and discussion continued with a substitute motion to hold the bill in committee.

Transcript Highlights:

• Even under 2020 conditions and '22 conditions, we still have surplus.
• But I will note, as always, while we are all cautiously optimistic, We still have surplus, but I will
• So we have 6,600 megawatts in surplus for 2026.
• The next slide then kind of goes into, while we have surplus and an extraordinary condition where you
• The four columns are: how much surplus or deficit do you have under a planning standard?

Summary: The Assembly Committee on Utilities and Energy heard SB 1259, which would require refineries to provide advance closure and remediation planning information, and SB 1425, which would authorize the High-Speed Rail Authority to create a permit process for encroachments in its right of way. The committee also held an informational hearing on California electricity reliability and the future of the Strategic Reliability Reserve. The chair opened by noting the hearing room change, testimony limits, and that the committee would proceed without a quorum at first, then later established quorum for votes. On SB 1259, Senator Blake Spear argued the bill would give communities and state agencies needed information to plan for refinery closures, cleanup, and land reuse, comparing the requirement to estate planning. Supporters, including Benicia City Councilmember Carrie Birdseye and UC Santa Barbara professor Ranjit Schmook, said the bill would help communities facing refinery closures avoid being left without information and better prepare for redevelopment and remediation. Opponents, including the Western States Petroleum Association, the State Building and Construction Trades Council, and business groups, argued the bill could send negative market signals, create conflicts with federal reporting, and potentially accelerate refinery closures. The committee passed SB 1259 on a 7-3 vote, later reopening the roll and recording additional votes before moving it out as amended to Appropriations. On SB 1425, Senator Cortese and sponsor Robert Pearsall said the bill would help the High-Speed Rail Authority manage utility, broadband, drainage, and vegetation encroachments along the project corridor and reduce delays. Labor and construction groups supported the measure as a way to add certainty and speed project delivery. Utilities and local agencies, including LADWP, Southern California Gas, Southern California Edison, PG&E, and others, opposed unless amended, saying the bill needed clearer language on emergencies, existing agreements, and potential impacts on their own rights of way and service obligations. After discussion about emergency language and utility coordination, the committee passed SB 1425 as amended to Appropriations on a 10-3 vote. In the oversight hearing, CEC, CPUC, CAISO, and DWR officials reported that California’s summer reliability outlook is better than in prior years, with substantial new procurement, storage, and demand-response resources added since 2020. They said the state is projected to meet its summer reliability standard and has not needed a flex alert for three straight years, but cautioned that extreme heat, fire, hydro conditions, and federal policy uncertainty still pose risks. Officials emphasized that the current Strategic Reliability Reserve remains important as a backstop, while longer-term planning must address rising demand from electrification and data centers and the eventual retirement of emergency resources.

Transcript Highlights:

• I just want to get the right number on the surplus here. Okay, it is unreserved balance.
• So we have a healthy surplus, a very healthy surplus heading into next year, and we have a very, very
• Gavorkian and where we had no surplus.
• Gavorkian and where we had no surplus.
• Thank God we have a $6 billion surplus going forward.

Keywords: 1146, all

Transcript Highlights:

• As we all know, we had an $18 billion budget surplus, and after single-party control of state government
• $18 situation as we all will know we had $18 billion<00:02:44.200><c> budget</c><00:02:44.480><c> surplus
• In that historic session, the DFL trifecta spent every penny of that surplus.
• </c><00:14:28.320><c> of</c><00:14:28.480><c> 17</c> a state government budget surplus of 17 a state
• and between 2019 and 2024 Surplus and between 2019 and 2024 Minnesota's<00:14:42.680><c> state</c><00

Keywords: 1183, house

Transcript Highlights:

• a few billion, some years it may be more, depending on the economy in that given year. year, the surplus
• We had a $40 billion surplus. a $24 billion surplus, we have to be careful how we spend it so it's spent
• Because when you have a surplus, it's like if you get a bonus in your I hope some of you get a bonus

Keywords: 1185, senate, all

Transcript Highlights:

• be a few billion, some years it may be more, depending on the economy in that given year and the surplus
• We had a $40 billion surplus, a $24 billion surplus.
• It's not something we have to do every year because when you have a surplus, it's like if you get a bonus