Video & Transcript Research : 'budget forecast'

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OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget Apr 6th, 2026 at 04:35 pm

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • Does this budget also include teacher pay raises?
  • How does this budget take that into account?
  • And I think this budget reflects so. Thank you for the question.
  • That is their total budget, not a specific line.
  • I just walk through the whole budget with you on this.
Bills: SB1177, SB1177
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget Apr 6th, 2026 at 04:00 pm

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • Would be to present a balanced budget to you today.
  • Budgeting this year? Yes, we certainly do.
  • And so I've been going through the budgets, the budget requests from the agencies and Trying to match
  • This is a balanced budget.
  • This is a budget that we've worked Extremely hard on 82% of the new spending in this budget is water,
Bills: SB1177
WA

Washington 2025-2026 Regular Session

House Appropriations Mar 5th, 2026 at 08:00 am

Appropriations

Transcript Highlights:
  • and legislative enacted budgets.
  • the budget.
  • forecast or the forecast for the second biennium of the budget being written, grown by four and a half
  • House Bill 2747 modifies provisions for estimating forecasted revenues for budgets written during the
  • For budgets covering these two biennia, the official revenue forecast would be used for both the budget
Bills: HB2747
US
Transcript Highlights:
  • We need to grow our defense budget. We need to reform the Pentagon's processes drastically.
  • We definitely must have a sense of urgency related to the budget.
  • We can find greater efficiencies in the budget through cost savings, we can reprogram from different
  • I've been very focused on our defense budget efficiency. in auditability.
  • Well, Senator, I won't get in front of the President or OMB. on what budget markers they set.
Summary: The meeting centered on the nomination of retired Lieutenant General Dan Kane for Chairman of the Joint Chiefs of Staff, delving into various security concerns and the strategic environment facing the U.S. today. Testimonies highlighted the growing threats from adversaries such as China and Russia, with discussions around the necessity of maintaining and modernizing military capabilities to address these challenges. The need for agility in military operations and enhancing collaboration among various defense agencies was underscored. Further, concerns were raised regarding the defense budget and the importance of a strong national defense strategy were prevalent throughout the discussions. The committee members collectively emphasized the need for superior readiness and modernization to keep pace with global threats.
TX

Texas 89th Regular

Appropriations Feb 18th, 2025 at 08:00 am

Appropriations

Transcript Highlights:
  • And is it large enough for your state budget, obviously proportional to the state budget?
  • For this current budget, do we, did those pay increases get baked into this budget, or was that just
  • It was baked into this budget.
  • General revenue is what was budgeted.
  • And so you have the workforce. budget but also in the TTAD budget there are students and other folks
Summary: The meeting primarily focused on reviewing the proposed budget for the upcoming biennium, with substantial discussions around House Bill 1 and its implications for public education, healthcare, and border security. The Comptroller presented a revenue overview indicating a total of $194.6 billion available for general purpose spending, which reflects a slight decrease compared to previous years due to fluctuating economic conditions. Members raised questions regarding spending limits and the impact of federal funding on state programs, highlighting concerns about the sustainability of funding in light of potential changes at the federal level.
WA

Washington 2025-2026 Regular Session

House Transportation Feb 25th, 2026 at 04:00 pm

Transportation

Transcript Highlights:
  • Everybody is focused on the operating budget.
  • I really appreciate my opportunity to continue working on the ferry budget.
  • We were not able to do that in this budget.
  • Supplemental budget is not supposed to be so tough.
  • I think that this is a balanced approach... ...is reflected inside of this budget.
Bills: HB2306, HB2711
WA

Washington 2025-2026 Regular Session

House Transportation Feb 23rd, 2026 at 04:00 pm

Transportation

Transcript Highlights:
  • There are a number of items that House budgets is in the capital budget.
  • Many of these are things that were in the governor's budget that are also in this budget.
  • So this is a supplemental budget, a supplement to the biennial budget, right?
  • from the November forecast.
  • It's a good budget.
Bills: HB2306, HB2711
Summary: The House Transportation Committee held public hearings on a proposed substitute supplemental transportation budget and on a transportation resources bill. Staff described the supplemental budget as increasing transportation spending by about $1.1 billion to $16.5 billion, largely through reappropriations and preservation/maintenance funding, while avoiding any new bond authority. The chair and ranking member emphasized caution because of declining revenue forecasts, uncertainty around major projects and future fish-passage costs, and the need to preserve flexibility for ferries, roads, and maintenance. Testimony on the budget was generally supportive of investments in rail, transit access, dredging, safety programs, local roads, flood response, and preservation, though several witnesses urged more long-term funding stability and some requested specific changes, such as shifting King County Metro electrification funds and restoring funding for a Kent freight corridor project. The committee then heard House Bill 2711, a follow-up to last year’s transportation resources law. Staff explained that the bill makes technical and administrative changes to fuel tax distribution, luxury vehicle/aircraft/recreational vessel taxes, the indigent tow reimbursement program, tire-fee language, and related reporting provisions. The proposed substitute would repeal the luxury aircraft tax, clarify peer-to-peer rental car tax administration, restore transit bus toll-exemption authority, waive certain penalties and interest for dealers complying with the luxury vehicle tax, allow installment payment of the luxury vehicle tax on leases, exempt certain sales to tribal members and nonresidents, change transfer timing between accounts, and create a Preserve Washington Account for highway preservation and maintenance. Questions from members focused on public availability of the substitute and on the transit-bus toll exemption. Public testimony on the resources bill was mixed. An RV dealer and an RV industry representative asked for a delay or repeal of the luxury vehicle tax, arguing it would worsen an already weak market and drive sales out of state. Other witnesses supported the dedicated preservation account and asked the committee to adopt Senate language increasing bid limits for highway maintenance work. The committee closed the public hearings and announced that executive action on the two bills, plus a wildlife safe passages bill, would occur Wednesday, with amendment requests due the next day.
KY
Transcript Highlights:
  • forecasted the next two years.
  • </c><00:18:32.960><c> The</c> retirement system budget. The retirement system budget.
  • </c> we we budget the debt service. we we budget the debt service.
  • </c> current budget, it was still amvertised. current budget, it was still amvertised.
  • Budget.
Summary: The committee met to hear a presentation from Dr. Hicks on the governor’s recommended budget for the next biennium. He reviewed the revenue outlook, noting modest general fund growth, a large rainy day fund balance, and the impact of recent income tax reductions. He said the budget was built around recurring reductions, lower debt service and retirement contribution rates, and the use of excess restricted funds, while protecting K-12 education, Medicaid, postsecondary education, public safety, and pension obligations. Dr. Hicks outlined several major spending and reserve proposals, including $350 million from the Department of Insurance’s excess restricted funds to support Medicaid in the first year, $150 million for the affordable housing trust fund, $125 million for rural hospitals, $100 million to offset lost federal ACA premium tax credits, $75 million for utility assistance, and $50 million for food assistance. In education, the proposal included a phased pre-K for all plan funded by sports wagering tax revenue, a 3% annual salary increase for full-time school personnel, continued full funding of teacher pensions, a 2.5% annual increase in SEEK base funding, and additional support for career and technical education and school facilities. He also discussed Medicaid cost pressures, including higher managed care, pharmacy, behavioral health, and nursing facility costs, and explained the expected effects of federal HR1 changes on Kentucky’s Medicaid program. Those changes include work and community engagement requirements and more frequent eligibility redeterminations for expansion members, which the administration estimated would reduce enrollment by about 4,300 in the first year and 28,000 in the second year. No votes or formal committee actions were taken during the meeting, which was limited to the budget presentation and member questions.
US
Transcript Highlights:
  • We need real growth in the FY26 budget request in addition to a historic defense reconciliation package
Summary: The meeting focused on significant strategic discussions regarding the U.S. Indo-Pacific Command and its military posture in the region. Admiral Paparo and General Brunson were commended for their services, with the Chair noting an alarming shift in the balance of power towards China. Key topics included China's aggressive military drills near Taiwan, the increasing coercion against the Philippines, and the need for the U.S. to reaffirm its commitments to its allies in the region. Concerns were raised regarding China's military modernization and its implications for U.S. forces, alongside discussions on North Korea's threats and its burgeoning nuclear capabilities. The committee emphasized the urgent need for military and defense appropriations to counteract these growing security challenges.
US
Transcript Highlights:
  • But tough budget decisions should be based on facts and analysis, not reckless layoffs.
  • And it's all coming at a time when our budget is challenged.
  • Based on upping the budget on the one hand, and cutting it on the other.
  • other parts of the budget is being increased.
  • I mean, he ordered DOD to hastily propose an 8% across-the-board budget cuts to the budget while exempting
Summary: The meeting primarily focused on the nomination of Steven Feinberg as Deputy Secretary of Defense. The committee emphasized the urgent need for strong leadership in response to a complex array of global threats posed by adversarial coalitions, including China, Russia, and Iran. The discussions highlighted concerns regarding budget cuts and personnel reductions within the Department of Defense, showcasing the challenges posed by the current economic context and the pressing need to maintain military readiness and capabilities. Various members expressed their apprehensions about how impending layoffs and budget reductions would impact the defense workforce and national security.
FL

Florida 2025 Regular Session

House in Session Mar 4th, 2025

Florida House Floor Meeting

Transcript Highlights:
  • I am challenging our Budget Subcommittee chairs to dive into the budget and find real savings in recurring
Summary: The Florida House of Representatives convened for the 2025 Regular Session. Speaker Perez delivered opening remarks emphasizing collaborative governance over personal priorities, announcing no House Bill 1 to focus on collective work. He outlined key policy areas including property insurance reform, with plans for subcommittee hearings and subpoena powers to investigate insurance company practices and potential accounting irregularities. The Speaker called for meaningful reforms in housing, healthcare, education, and public safety, while challenging budget subcommittees to find recurring revenue savings rather than relying on temporary tax holidays. The session will focus on government accountability, waste elimination, and taxpayer protection. Governor DeSantis requested to deliver the State of the State address on March 4th, which was approved through concurrent resolution.
LA

Louisiana 2026 Regular Session

Ways and Means Apr 13th, 2026

Ways & Means

Transcript Highlights:
  • House Bill 2 by Representative Bacala provides for the comprehensive capital outlay budget.
  • Those individual line items will remain in the budget, but hopefully they will be organized so that that
  • It's delayed if a bid comes in a little over budget.
  • But across the street may be another project that the bid comes in under budget.
Bills: HB2, HB3
US
Transcript Highlights:
  • At the Office of Management and Budget.
  • He was chief of staff to Senator Enzi as Chairman of the Budget Committee.
  • You know, they have to balance the budget, or they'll go bankrupt.
  • The Budget Act didn't work. Simpson-Bowles didn't work.
  • Everybody talks about the budget, budget reconciliation, all that.
Summary: The committee convened to discuss the nominations of Scott Cooper for Director of the Office of Personnel Management and Eric Ulan for Deputy Director at the Office of Management and Budget. This meeting highlighted the critical roles both positions play in managing the federal workforce, which comprises over two million civilian employees. Concerns were raised regarding the current administration's approach to federal employment, citing issues like mass firings and the undermining of collective bargaining rights. Members expressed the need for better accountability and transparency within the federal system, emphasizing the importance of attracting talented public servants.
TX

Texas 89th Regular

Intergovernmental Affairs Mar 18th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • You have in front of you a report by the Legislative Budget Board that was issued in December of 2024
  • As I showed you, the Legislative Budget Board indicated that $15 billion in assessed values have been
  • The legislative budget board mentioned that $15 billion was wiped off.
  • why local property taxes are so high, especially in El Paso County, is that 70% of El Paso County's budget
  • This bill is not about budgets. This is bigger than money. It's about power.