Video & Transcript Research : 'nonreverting balance'
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KY
Kentucky 2026 Regular Session
Concurrent House Standing Comm on Elec, Const Amnd & Intergovernmental Affairs & State Gov (2-18-26)
Transcript Highlights:
- </c><00:05:12.080><c> Budget</c> National Campaign for a Balanced Budget National Campaign for a Balanced
- </c> the National Campaign for a Balanced the National Campaign for a Balanced Budget<00:16:00.320><c
- </c> point that we get our budget balanced point that we get our budget balanced then<00:20:21.840><c
- </c><00:34:22.159><c> budget</c> the with the proposed balanced budget the with the proposed balanced
- </c> a separate issue from this balanced a separate issue from this balanced budget<00:40:14.640><c>
Keywords:
Concurrent meeting of the House Standing Committee on Elections, Constitutional Amendments, and Intergovernmental Affairs and the House Standing Committee on State Government.
Title of video has been shortened due to YouTube length restrictions.
Discussion of HCR 45: 00:04:14, 958, all
Summary:
The joint meeting of the House Elections, Constitutional Amendments and Intergovernmental Affairs Committee and the House State Government Committee was called to consider House Concurrent Resolution 45, sponsored by Representative Jason Petri. The resolution would support calling for a federal balanced budget amendment through the Article V process. Petri argued that Kentucky’s own constitutional balanced-budget requirement shows the value of fiscal restraint, and he said decades of federal deficit spending and rising debt make a constitutional amendment necessary. Governor Ron DeSantis and Lauren Ends of the National Campaign for a Balanced Budget Amendment also testified in support, emphasizing the growth of federal debt, the risk of a future debt crisis, and the view that Congress is unlikely to solve the problem on its own.
Members asked about the mechanics and risks of an Article V convention, including whether the convention’s “sole purpose” language would be enforceable and whether a convention could become a “runaway” process. DeSantis and Ends said states can impose guardrails on delegates, including criminal penalties and delegate-limitation laws, and noted that any proposed amendment would still require ratification by 38 states. They also said that if Congress chose to draft the amendment itself in response to state pressure, that would be acceptable. One witness said 18 states have passed faithful-delegate or delegate-limitation laws.
Representative Callaway asked what would happen if the debt issue is not addressed. Witnesses responded that continued borrowing could lead to economic dislocation, higher interest costs, and a debt crisis that would crowd out other federal spending. They said the current debt burden is already more than $100,000 per U.S. citizen and roughly $300,000 per taxpayer, and that a balanced budget amendment would be a first step toward stopping the growth of debt before any long-term paydown could occur. The transcript provided does not show a final vote or other committee action on the resolution.
TX
Transcript Highlights:
- As it relates to the balance sheet, I believe it's on Texas Central's balance sheet.
- There is a balance sheet with the land on it.
- sheet effectively, a legacy balance sheet is just not helpful.
- I'm happy to provide the asset side of the balance sheet.
- That we're going to have a debt-free balance sheet. OK.
Bills:
HB 2007, HB 2462, HB 2621, HB 2921, HB 3187, HB 3331, HB 3332, HJR 144, HB 3514, HB 3528, HB 3539, HB 3563, HB 3720, HB 3726, HB 3751, HB 3859, HB 3947, HB 4148, HB 4164, HB 4337, HB 4346, HB 4368, HB 4706, HB 4916, HB 4950, HB 4967, HB 5177, HB 5603
Keywords:
commercial signs, county approval, transportation code, regulations, road signage, high occupancy vehicle lane, pregnant operators, transportation, parental rights, motor vehicle regulations, live video feed, state agency, transparency, public safety, confidentiality, personal information, local government, airport data, public records, regional transportation
TX
Transcript Highlights:
- As it relates to the balance sheet, I believe it's on Texas Central's balance sheet.
- But your response is Texas Central doesn't have a balance sheet, right?
- There is a balance sheet with the land on it.
- A legacy balance sheet is just not helpful.
- I'm happy to provide the asset side of the balance sheet.
Bills:
HB2007, HB2462, HB2621, HB2921, HB3187, HB3331, HB3332, HJR144, HB3514, HB3528, HB3539, HB3563, HB3720, HB3726, HB3751, HB3859, HB3947, HB4148, HB4164, HB4337, HB4346, HB4368, HB4706, HB4916, HB4950, HB4967, HB5177, HB5603
Keywords:
commercial signs, county approval, transportation code, regulations, road signage, high occupancy vehicle lane, pregnant operators, transportation, parental rights, motor vehicle regulations, live video feed, state agency, transparency, public safety, confidentiality, personal information, local government, airport data, public records, regional transportation
NH
New Hampshire 2025 Regular Session
Senate Finance Budget Briefing (06/10/2025)
Transcript Highlights:
- So the balance after the transfers is really the education trust fund balances.
- </c> So going into 26, the only balance So going into 26, the only balance forward<00:17:59.520><c> from
- </c> the education trust fund balance the education trust fund balance for<00:18:04.000><c> the</c><00
- </c> resulting in a cumulative ending balance resulting in a cumulative ending balance of<00:20:05.919
- Um and they came up with balanced.
Summary:
The Legislative Budget Assistant staff presented an overview of the Senate changes to the House-passed budget, focusing on revenue estimates, appropriations, and ending balances across the general fund and education trust fund. The presentation emphasized that the Senate’s budget reflected higher revenue assumptions than the House, driven in part by updated April revenue figures, changes to business, tobacco, and real estate transfer tax splits, and different assumptions about video lottery terminal revenue. The Senate also adjusted lapse estimates upward, especially for HHS, after receiving updated information that lapses could be much larger than originally assumed.
The presenter walked through the major differences in the surplus statements for fiscal years 2025 through 2027. Compared with the House, the Senate budget generally showed higher revenues, lower or different appropriations in some areas, and larger balances carried forward, including a larger education trust fund balance and a different rainy day fund transfer. The Senate’s approach also changed several policy assumptions, such as maintaining liquor revenue dedication, removing the House’s meals-and-rooms distribution cap, changing the treatment of unique revenue, and altering the process for meeting a targeted revenue amount by giving the governor more flexibility.
On the appropriations side, the Senate removed or modified several House reductions and added funding or adjustments in areas including the judicial branch, corrections, HHS, the Human Rights Commission, and certain settlement costs. The presenter also highlighted Senate changes in House Bill 2 and related budget provisions, including a new arts tax credit, a nursing home bed fee, changes to Medicaid premium assumptions, and differences in how motor vehicle inspection repeal and BLT-related revenue are handled. No votes were taken in the portion shown; the discussion was informational and comparative, aimed at explaining the Senate budget changes before conference committee negotiations.
MN
Minnesota 2025-2026 Regular Session
Final Moments of the 2025 First Special Session - 06/10/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- </c> balanced the budget. Uh it's complete. balanced the budget. Uh it's complete.
- We wanted to balance the budget. We wanted to balance it for real.
- We wanted to balance the budget. We wanted to balance it for real.
- We wanted to balance the budget. We wanted to balance it for real.
- We wanted to balance the budget. We wanted to balance it for real.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, June 2, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- </c> balance of my time. balance of my time.
- </c> the balance of my time. the balance of my time.
- </c> balance of my time. balance of my time.
- . balance. balance.
- </c> balance of my time. balance of my time.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, March 10, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- Speaker, I reserve the balance of my time.
- I yield back the balance of my time.
- YIELD BACK THE BALANCE OF MY TIME.
- I yield back the balance of my time.
- I yield back the balance of my time.
NH
New Hampshire 2025 Regular Session
Finance Budget Briefing (06/10/2025)
Transcript Highlights:
- So the balance after the transfers is really the education trust fund balances.
- </c> So going into 26 the only balance So going into 26 the only balance forward<00:25:07.360><c> from
- </c><00:25:49.039><c> because</c> to the rainy day fund balance because to the rainy day fund balance
- ><c> you</c> balance.
- Cumulative ending balances, you balance.
Summary:
The presentation was an LBA overview of Senate changes to the House-passed state budget, with Michael Kane explaining how Senate Finance updated revenue and spending estimates after April revenue figures and agency discussions. He said the Senate’s revenue outlook was higher than the House’s in some areas, but lower in others, especially video lottery terminal revenue, and that the biggest differences also came from changes to revenue splits between the general fund and education trust fund, lapse estimates, and several policy changes in House Bill 1 and House Bill 2.
Kane highlighted several major revenue and policy differences: the Senate changed the business tax, tobacco tax, and real estate transfer tax splits; adjusted liquor revenue dedication; removed the House’s meals-and-rooms distribution cap; delayed the Lakes Region facility proceeds plan; altered the PECARD fund treatment; added a granite patron of the arts tax credit; and changed the treatment of unique funds and video lottery terminal revenue. On spending, he noted Senate changes to judicial, corrections, HHS, human rights commission, and other budgets, including additional settlement costs, higher lapse assumptions, and a different approach to Medicaid premium revenue and retirement savings. He also described Senate additions such as a nursing home bed fee, Hampstead Hospital transition funding, and changes to the YDC claims settlement fund.
The presentation focused on comparing House and Senate surplus statements across fiscal years 2025 through 2027, including projected ending balances and rainy day fund transfers. Kane repeatedly emphasized that the numbers were still dependent on final revenues and lapse amounts, and that some balances would be carried forward and trued up later in the biennium. No committee vote or final action was described in the excerpt; it was an informational budget briefing and comparison of the two chambers’ proposals.
MN
Minnesota 2025-2026 Regular Session
House/Senate DFL Media Availability 3/6/25
Minnesota House Floor Meeting
Transcript Highlights:
- I'm here with Speaker Melissa Hortman, and we know how to balance the budget.
- for the current term, and then balanced ongoing.
- We have to balance the budget. It's our obligation.
- And yes, we have a positive carryover balance projected for this biennium.
- From my perspective, that is for a rainy day and not for budget balancing.
MN
Minnesota 2025-2026 Regular Session
February State Budget and Economic Forecast - 03/06/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- our starting balance in FY 26-27.
- </c> see we now forecast a positive balance see we now forecast a positive balance of<00:03:27.319><c
- </c> forecast in November any unspent balance forecast in November any unspent balance from<00:04:25.520
- </c> to bring the budget into balance to bring the budget into balance while<00:37:58.319><c> we</c><
- balanced for the that is balanced balanced for the current<01:19:25.679><c> term</c><01:19:26.360><c
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, February 23, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- And I reserve the balance of my time.
- And I reserve the balance of my time. The gentleman from Virginia reserves the balance of his time.
- And with that, I yield back the balance of my time. >> The gentleman yields back The balance of his time
- I reserve the balance of my time. >> The gentleman from South Carolina reserves the balance of his time
- I reserve the balance of my time.
MN
Minnesota 2025-2026 Regular Session
Minnesota Management and Budget Press Conference 3/6/25
Transcript Highlights:
- our starting balance in FY 26-27.
- </c> see we now forecast a positive balance see we now forecast a positive balance of<00:03:25.159><c
- </c><00:04:56.960><c> in</c> becoming our starting balance in becoming our starting balance in 2627<00
- </c><00:37:13.359><c> in</c> have reflected positive balances in have reflected positive balances in
- </c><00:38:06.520><c> while</c> to bring the budget into balance while to bring the budget into balance
Summary:
Minnesota Management and Budget presented the February 2025 budget and economic forecast, with Commissioner Aon Campbell, State Economist Anthony Becker, and Budget Director Anam Mingi outlining updated revenue, spending, and long-term balance projections. The state’s FY 2026-27 general fund outlook remains positive but weaker than in November, with an ending balance of $456 million, down $160 million from the prior forecast. Looking ahead, the planning years FY 2028-29 show a projected deficit of just under $6 billion, driven largely by spending growth outpacing revenues. Officials emphasized that discretionary inflation is a major factor in the forecast, but also noted that those amounts are not automatically appropriated and would require legislative action.
Becker said the national outlook has changed since November, with higher expected inflation, higher interest rates for longer, and slower growth in later years. He highlighted uncertainty around tariffs, trade policy, immigration policy, federal spending, and possible changes to tax and debt-ceiling policy, all of which could affect Minnesota’s economy and revenues. Minnesota’s labor market remains tight, with low unemployment and rising wages, and the revenue forecast was revised upward overall for FY 2026-27, including higher income and sales tax receipts, though corporate tax revenue was slightly lower than previously projected.
Mingi said projected general fund spending is up $79 million in FY 2026-27 and $960 million in FY 2028-29 compared with November. The largest increases are in education and health and human services, especially due to inflation, higher pupil counts, special education costs, long-term care, and higher Medical Assistance spending. She noted that higher utilization of weight-loss drugs also raises Medicaid costs, and that a smaller assumed bonding bill helps offset some debt service costs. The commissioner and staff repeatedly warned that federal policy changes, especially possible Medicaid reductions, pose a major risk; they said Minnesota could face billions in lost federal funding, including a potential $2.4 billion hit if the enhanced Medicaid match for adults without children were eliminated. No votes or legislative actions were taken in the presentation.
WA
Washington 2025-2026 Regular Session
Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability Jul 20th, 2026
Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability
Transcript Highlights:
- Reserves, with projected ending cash balance after accounting for the beginning balance, projected revenue
- That is then deducted from our NGFO beginning balance to look at what the NGFO projected ending balance
- That BSA ending balance is then added to the NGFO projected ending balance to get at a total reserves
- or it isn't balanced.
- reserve fund balance.
Summary:
The committee held its first meeting, with co-chairs and members introducing themselves and staff outlining the committee’s statutory charge under the 2026 supplemental operating budget. Staff explained that the committee is tasked with studying budget transparency and fiscal sustainability in two phases: first, revenue growth, spending assumptions, statutory cost drivers, and carryforward/maintenance levels; and later, staffing, overhead, performance management, and public reporting tools. The committee also discussed its goals, with members emphasizing a shared factual understanding of Washington’s fiscal situation, the causes of projected structural deficits, and possible paths to a more sustainable operating budget.
Staff then gave a detailed operating budget basics presentation. They reviewed the size and composition of the operating budget, explaining that most spending is concentrated in grants and client services, salaries and benefits, and goods and services, with K-12 education, DSHS, the Health Care Authority, DCYF, corrections, and higher education making up most NGFO spending. They also walked through the distinction between constitutional, federal, statutory, and discretionary spending; the role of caseload and per-capita forecasts; how maintenance level and policy level budgets are built; and how the four-year outlook works, including revenue forecasts, reversions, budget stabilization account reserves, and the official outlook adoption process. Members asked several questions about what is or is not included in the outlook, especially future collective bargaining agreements, health care inflation, court-ordered liabilities, and whether the budget could better separate mandatory from discretionary spending over time. Staff said some of those questions would require follow-up and noted the existence of an outlook accuracy report.
The committee then heard from Josh Goodman of the Pew Charitable Trusts, who introduced Pew’s state fiscal work and its role as the nonprofit partner supporting the committee. He said Pew would help analyze long-term fiscal sustainability, reserve policies, recession preparedness, and practices from other states, and would draw on its 50-state data and subject-matter experts. No votes were taken and no formal actions were reported at this meeting.
WA
Washington 2025-2026 Regular Session
Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability Jul 20th, 2026 at 09:00 am
Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability
Transcript Highlights:
- Reserves, with projected ending cash balance after accounting for the beginning balance, projected revenue
- That is then deducted from our NGFO beginning balance to look at what the NGFO projected ending balance
- That BSA ending balance is then added to the NGFO projected ending balance to get at a total reserves
- or it isn't balanced.
- reserve fund balance.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, March 18, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- It's not going to balance the budget. It's not going to balance itself.
- </c> balance of my time. balance of my time.
- I yield the balance.
- </c> yield the balance. yield the balance.
- </c> reserve the balance of my time. reserve the balance of my time.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, July 13, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- </c> balance of my time. balance of my time.
- </c> balance of my time. balance of my time.
- </c> the balance of my time. the balance of my time.
- </c> balance of my time. balance of my time.
- </c> balance of my time. balance of my time.
NH
New Hampshire 2025 Regular Session
Joint Committee on Dedicated Funds (09/17/2025)
Transcript Highlights:
- I'm just<00:43:18.079><c> saying</c><00:43:18.960><c> balance</c> just saying balance just saying balance
- in the end of year in the balance in the end of year balances. balances. balances.
- balance.
- That ending balance is the cash ending balance. The ending balance, the math needs to work.
- no balance. no balance.
Summary:
The Joint Committee on Dedicated Funds met to review inactive and dedicated accounts, note prior legislation that had passed, and begin its annual review of agency funds. Members discussed several inactive funds, including some HHS-related accounts, a law enforcement memorial fund, and possible cleanup of accounting references where funds had been reorganized or merged. Staff noted that some newer funds may simply not have started receiving revenue yet, and the committee agreed to follow up on specific accounts later rather than address everything immediately.
The committee then heard from Fish and Game on its dedicated funds. Topics included the statewide public boat access account, which is used for boat ramp and access-site maintenance and is supported by boat registration fees and federal funds; the ORV education, training, and enforcement account, which has declined over time and may need attention because revenue depends heavily on weather and snowmobile use; and the search and rescue account, which is funded by Hike Safe cards, a $1 fee from boat and OHRV registrations, and court-ordered fees. Fish and Game also explained that the conservation license plate fund had been merged into the non-game species management account, which is supported by donations, federal funds, and a statutory general fund transfer, and that pheasants are treated as game species under a separate program.
The committee spent considerable time on the lifetime license account, an off-book Treasury-held account that collects lifetime license sales and returns funds to Fish and Game based on annual sales plus 9% of the fund balance. Members questioned why the account’s presentation did not clearly show the transfer as a revenue reduction and suggested the reporting format needed cleanup so the flow of money would be easier to understand. Fish and Game said the account is operating properly and that the transfer to the unrestricted Fish and Game fund exceeded $400,000 in the most recent year. The committee also reviewed the publications and fundraising revolving fund, which keeps a $100,000 balance for inventory purchases and transfers excess year-end funds to the unrestricted Fish and Game fund; members again raised concerns that the reporting format did not clearly show the transfer, and staff said they could add a note or other clarification.
MN
Minnesota 2025-2026 Regular Session
Going after late fees charged by utilities 3/10/26
Minnesota House Floor Meeting
Transcript Highlights:
- These fees result in hundreds or sometimes thousands of dollars being added to customers' balances.
- </c> assistance who have a past due balance assistance who have a past due balance greater<00:10:42.399
- down the past due balances, and they're protected from service interruption.
- </c><00:15:06.000><c> and</c> pay down the past due balances and pay down the past due balances and they're
- Thank you for allowing us this time. balances after customer assistance are balances after customer assistance
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, March 24, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- I reserve the balance of my time.
- I reserve the balance of my time.
- I reserve the balance of my time.
- I reserve the balance of my time.
- I reserve the balance of my time.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, March 16, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- </c> balance of my time. balance of my time.
- </c> balance of my time. balance of my time.
- </c> balance of my time. balance of my time.
- </c> balance of my time. balance of my time.
- </c> balance of my time. balance of my time.