Video & Transcript Research : 'budget impact'
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US
US Federal 2025-2026 Regular Session
Hearings to examine the nominations of Scott Kupor, of California, to be Director of the Office of Personnel Management, and Eric Matthew Ueland, of Virginia, to be Deputy Director for Management, Office of Management and Budget. Apr 3rd, 2025 at 08:30 am
Homeland Security and Governmental Affairs Committee
Transcript Highlights:
- At the Office of Management and Budget.
- You know, they have to balance the budget, or they'll go bankrupt.
- The Budget Act didn't work. Simpson-Bowles didn't work.
- And if so, how to measure the sorts of impacts.
- Everybody talks about the budget, budget reconciliation, all that.
Keywords:
nominations, Scott Cooper, Eric Ulan, federal workforce, Office of Personnel Management, Office of Management and Budget, accountability, collective bargaining
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
Transcript Highlights:
- that are generated by the broadening of the exemption are not going to be enough to meaningfully impact
- The goal is to ensure Texans and Texas businesses are shielded from the harmful impact of such taxes.
Keywords:
hydraulic fracturing, sales tax exemption, oil and gas, environmental impact, water reuse, justice, judicial council, centers of excellence, court operations, recognition program, franchise tax, retail trade, tax classification, business regulation, economic impact, SB 2873, Texas Tax Code, electronic filing, e-filing, tax reports
TX
Transcript Highlights:
- You know, it's a budget, you know.
- The budget: 73% of that goes to direct labor costs—boots on the ground.
- The impact was phenomenal in our county.
- It will not impede or impact pregnancy.
- This is a title issue that ultimately impacts patient safety.
Bills:
HB3000, HB2622, HB2283, HB541, HB1776, HB1803, HB1669, HB2588, HB220, HB3415, HB50, HB1314, HB 107, HB220, HB50, HB107
Keywords:
ambulance service, rural healthcare, grants, financial assistance, qualified counties, mental health, patient transport, female attendants, security measures, healthcare regulation, epinephrine, anaphylaxis, health care, school safety, training, emergency response, direct patient care, healthcare, physicians, medical services
KY
Kentucky 2026 Regular Session
House Budget Review Subcommittee on Personnel, Public Retirement, and Finance (2-8-23)
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=yaoNLqzCjTE, 2026-06-21T07:17:02+00:00, 2.2.24, Data collected via generic collector engine, MEETING START 00:00
ROLL CALL 00:24
DISCUSSION WITH BEAU BARNES, DEPUTY EXECUTIVE SECRETARY & GENERAL COUNSEL 01:06
WITH THE KY TEACHER RETIREMENT SYSTEM. 2022-2024 BIENNIAL BUDGET, USED & ACCRUED
SICK LEAVE IN RETIREMENT PURPOSES, CURRENT BUDGET, 30 YEAR RETIREMENT PROJECTIONS., 958, all, 2.2.42, 2.1.47
MN
Minnesota 2025-2026 Regular Session
House Agriculture Finance and Policy Committee 4/13/26
Agriculture Finance and Policy
Transcript Highlights:
- </c> directly impacted by House File 858. directly impacted by House File 858.
- Again, it's budget neutral.
- Again, it's budget neutral.
- Again, it's budget neutral.
- Again, budget neutral.
Keywords:
bioincentive payments, agriculture, job creation, environmental compliance, financial reporting, waste handling, sewage sludge, PFAS regulation, environment, record retention, fertilizer disposal, pesticide disposal, environmental impact, safety regulations, burning prohibition, 1183, house
MN
Transcript Highlights:
- </c><00:15:16.839><c> on</c> not lead to disproportionate impacts on not lead to disproportionate impacts
- impact our most vulnerable students.
- </c> impact our most vulnerable students. impact our most vulnerable students.
- </c> special education don't solve budget special education don't solve budget problems,<01:23:38.120
- Please support House budget equation.
KY
Kentucky 2025 Regular Session
2026 - 2028 Budget Preparation & Submission (5-22-25)
Transcript Highlights:
- </c> seen in past with the budget seen in past with the budget instructions<00:03:15.040><c> when</c>
- </c> the ABRs, additional budget request. the ABRs, additional budget request.
- </c> that we had was a change to the budget that we had was a change to the budget calendar.<00:04:34.080
- </c> Uh so the the office of state budget Uh so the the office of state budget director<00:04:46.720>
- And then through the appropriations act, the budget bill, we have a mechanism, you know, for a budget
Keywords:
00:02 Call to Order and Roll Call
00:55 FB 2026-2028 Executive Branch Budget
15:17 Adjournment, 958, all
Summary:
The committee held its first meeting on budget instructions for the 2026-2028 state budget, as required by KRS Chapter 48. Staff from the Office of State Budget Director outlined three recommended changes: restructuring Form B4 for additional budget requests to emphasize the problem, solution, and quantitative data; adding page numbers to the Record P report so agencies’ additional budget requests can be located more easily; and updating the budget calendar to reflect the December 20 presentation of the consensus forecast to LRC under changes made by House Bill 360.
Members asked follow-up questions about contribution rates, debt service template rates, and employee health rates. Staff said the fiscal 2026 KS non-hazardous contribution rate is 42.76%, but fiscal 2027 and 2028 rates have not yet been set; debt service rates would be posted later; and employee health rate assumptions are still being discussed with the Personnel Cabinet. Members also asked how program reductions or terminations would be handled, and staff explained that agencies base requests on statutory and federal requirements, while budget reductions are handled through the appropriations act.
The committee discussed whether Form B4 should ask agencies to describe alternative options considered and how they were evaluated. Staff said the current instructions do not specifically require that, though some implications may appear in narrative responses, and members agreed to continue working on the instructions. The committee then adopted a motion directing the co-chairs to work with LRC staff to finalize the 2026-2028 budget instructions and present them for adoption, with the motion approved by roll call. Members also noted that federal budget developments, including possible SNAP cost shifts to states, are being monitored but are too early to incorporate into the instructions at this time.
MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 3/5/26
State Government Finance and Policy
Transcript Highlights:
- Uh, of have seen economic impacts.
- </c> begin to comprehend the economic impact begin to comprehend the economic impact of<00:24:52.880>
- Last month, we released a preliminary impact assessment examining the impacts of Operation Metro Surge
- ><c> 76,000</c> The impact assessment found 76,000 The impact assessment found 76,000 residents<00:25
- </c> scope of impact. scope of impact.
Keywords:
civil rights, law enforcement, federal collaboration, accountability, state law, immigration enforcement, economic impact, Operation Metro Surge, study, appropriation, local government, Legislative Commission on Legislative Security, legislator security, elected official security, staff security, statehouse security, capitol security, legislative district safety, political violence prevention, threat assessment
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development, February 16, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- </c> that impact our privacy? that impact our privacy?
- And again, that has impact assistance payments to local governments.
- And again, that has impact assistance payments to local governments.
- And again, that has impact assistance payments to local governments.
- </c> would have some kind of general impact would have some kind of general impact because<01:14:50.480
WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, February 16, 2026
Minerals, Business & Economic Development
MA
Massachusetts 2025-2026 Regular Session
Special Joint Committee on Initiative Petitions Mar 30th, 2026
Special Joint Committee on Initiative Petitions
Transcript Highlights:
- This will impact that budget, and we estimate that revenue loss at $800 million.
- I don't think it will really meaningfully impact the budget development process.
- So I don't know that you'd see a reliable impact in the budget development process.
- And history suggests the near-term impact on the budget will be far more modest than opponents claim
- You're concerned about the budget and the impact on your constituents.
Keywords:
tax revenue, state surplus, taxpayer refunds, budget growth, Massachusetts General Laws, income tax, tax reduction, state law, personal income tax, tax rates
Summary:
The Special Joint Committee on Initiative Petitions held a public hearing on two proposed ballot initiatives: one to reduce the state personal income tax rate from 5% to 4% over three years, and another to revise the state tax collection cap law (62F) so the cap would be based on the prior year’s actual collections plus wage-and-salary growth and would include surtax revenue. Committee chairs outlined the hearing process and noted that the measures would need additional signatures to qualify for the 2026 ballot if not enacted by the legislature.
The committee’s expert witness, Doug Howgate of the Massachusetts Taxpayer Foundation, said the income tax proposal would lower the base rate in stages beginning in 2027 and would ultimately reduce state income tax collections by about $5.4 billion annually when fully implemented. He estimated savings would vary by income level, from a few hundred dollars for lower- and middle-income households to about $10,700 for taxpayers at the surtax threshold. He argued the proposal would improve tax competitiveness but would also require major budget adjustments, likely including reserve use, spending cuts, and possibly new revenue measures; he cited prior downturns and said the state’s rainy day fund is stronger than in past recessions, though spending growth and health care costs remain concerns. On the 62F proposal, he said rebasing the cap to prior-year collections would make refunds more likely, with modeled refunds totaling about $7.9 billion without the surtax and $10.1 billion with it over the last decade, and warned it could reduce stabilization fund deposits and constrain recovery after recessions.
Proponents of both petitions, including representatives from Taxpayers for an Affordable Massachusetts, NFIB, Pioneer Institute, and the Mass Opportunity Alliance, argued that Massachusetts faces an affordability and competitiveness crisis and that lower taxes would help families, small businesses, job creation, and outmigration. They said the income tax cut would put about $1,300 a year back into the hands of average families, help pass-through businesses reinvest, and improve the state’s ability to compete with lower-tax states such as North Carolina. Their economist, Rebecca Paxton, presented a model projecting average annual revenue losses of about $680 million during the phase-in and a total net income tax revenue impact of $2 billion to $2.2 billion, while saying long-term revenue growth would be stronger after implementation. The hearing ended with committee questions and a brief dispute over a planned voter testimonial video, which the chairs said was not appropriate for the hearing at that point.
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 2/10/25 - Part 1
Transportation Finance and Policy
Transcript Highlights:
- Actually, one of those three items has budget impacts; the others are related to finance and are appropriate
- a whole, how much impact do we have when we have cuts on a budget that impact the workforce and our ability
- as a whole how um looking at the budget as a whole how much<01:08:58.520><c> impact</c><01:08:59.440
- :02.640><c> a</c><01:09:02.839><c> budget</c><01:09:03.759><c> that</c><01:09:04.000><c> impact</c><01
- :09:04.319><c> the</c> cuts on a budget that impact the cuts on a budget that impact the workforce<01
Bills:
HF5
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 2/10/25 - Part 2
Transportation Finance and Policy
Transcript Highlights:
- </c><00:16:11.000><c> on</c> pretty significant impact on pretty significant impact on infrastructure
- </c> this bill really impacts this bill really impacts the<00:17:05.400><c> our</c><00:17:05.600><c>
- ><c> we</c> every dollar in our budget matters we every dollar in our budget matters we need<00:51:20.240
- See no other discussion. that we know what the impacts of uh your that we know what the impacts of uh
- workers and impact them in a huge way.
Bills:
HF5
KY
Kentucky 2026 Regular Session
Interim Joint Committee on Tourism, Small Business, and Information Technology.(6-28-26)
Transcript Highlights:
- We have 14.6 billion in economic impact to the Commonwealth because of tourism.
- </c><00:20:06.080><c> of</c> still working to compile the impacts of still working to compile the impacts
- </c> would They had to have a lasting impact would They had to have a lasting impact so<00:47:38.800>
- Does that make a lasting impact in the different communities? I live in Louisville.
- c><00:53:29.720><c> different</c> lasting impact in the different lasting impact in the different communities
Keywords:
Meeting Start: 00:00:00
Call to Order and Roll Call: 00:01:12
America 250KY: Impact and Legacy: 00:03:15
America 250 Events in Lexington: 01:02:13, 958, all
Summary:
The committee met for an interim update from the Kentucky Tourism, Arts and Heritage Cabinet, with presentations from the Kentucky Historical Society and the Kentucky Arts Council. Secretary Lindy Casebier reported that Kentucky tourism has posted record growth for four straight years, with $14.6 billion in economic impact, 97,000 tourism-related jobs, and 81 million travelers spending more than $10.4 billion in 2025. He said the Historical Society and Arts Council help create visitor experiences that support those tourism gains.
The Kentucky Historical Society focused on America 250, the state’s commemoration of the 250th anniversary of the Declaration of Independence. Staff described a community-driven approach built around themes such as “Revolutionary Experiment,” “We the People,” “Power of Place,” “Crossroads in Kentucky,” and “Doing History,” organized under heritage tourism, education, signature events, and legacy projects. They said the effort has included Liberty Tree plantings in nearly every county, partnerships with local organizations and KET, grants to cabinet agencies and historic sites, and preservation projects in 19 counties. They highlighted Harrodsburg 250 as an early kickoff, along with grant-supported events, exhibits, and educational programs across the state.
The Historical Society also described public engagement events tied to the commemoration, including Two Lights for Tomorrow, a food drive in Franklin County, a July 8 historic reading of the Declaration of Independence at the Old State Capitol, and planned participation at the Kentucky State Fair. They said the General Assembly’s support enabled a grant program that has funded 250 events and programs in 43 counties, totaling more than $720,000, and that the work is intended to build a lasting legacy beyond 2026.
The Kentucky Arts Council said it received America 250 grant funds to support artists, arts organizations, communities, and nonprofits for public art, artwork creation, and related programs. The council reported 55 funded projects and $466,000 awarded statewide, with examples including a Burkesville summer arts and history camp and a Fayette County community singing project. No votes or formal committee actions were taken during the meeting.
WY
Transcript Highlights:
- Currently, the Department of Revenue has a $300,000 biennium budget for mailing.
- budget for for mailing<00:11:19.760><c> we're</c><00:11:20.000><c> trying</c><00:11:20.399><c> with<
- just forgot to mention when I was up here previously that I did put in and the Senate did adopt a budget
- If either of them happened to pass, I did put money in the budget. It's 21.9 million.
- was going to give you a heads up that there's not an appropriation in the bill, but I did bring a budget
WY
TX
Transcript Highlights:
- So how would that impact things?
- Yeah, and so to the extent that there are inflationary pressures on the budget because it's a percent
- And that's how we end up with over $50 billion in property tax relief currently in the budget, and that
- That's because we had a budget deficit; we had a revenue shortfall for whatever reason.
- Okay, just for perspective, I was looking at the budgets, the entire budgets of some other countries.
TX
Transcript Highlights:
- My name is Jeb Bell, and I'll be laying out the summary of budget recommendations for the Public Utility
- Over the last two budget cycles, we have asked for a lot of increases in our appropriations.
- OPUC, Summary of Budget Recommendations.
- I appreciate the time to come for you all and for you to hear our budget considerations today.
- These are the budget recommendations for the Board of Chiropractic. Examiners.
TX
Transcript Highlights:
- Presentation on budget, Kelsey Sims.
- The budget for this budget is $1.00 million. Kelsey Sims is $1.00 million. Thank you, Mr. Chairman.
- These are just a list of standard budgeting changes.
- Next, we'll have the agency presentation on budget.
- budget.
TX
Transcript Highlights:
- We'll discuss the capital budget request. You heard Mark.
- And look, you've got a big budget. This isn't even a.
- Budget correction is as big as your budget, so I look forward to working, Madam Chair, with them on that
- A budget to align budget authority with 2627 funding recommendations and then Rider 33.
- into the impact of this issue, particularly on single women?