Video & Transcript : 'inflation impacts' :

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MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Revenue Jun 21st, 2026 at 10:00 am

Joint Committee on Revenue

Transcript Highlights:
  • The impact on their achievement, the impact on their behavioral health, is profound.
  • Imagine if it could be 40% to 50% more impactful. Imagine how many more useful.
  • Imagine if it could be 40% to 50% more impactful.
  • We've been really interested in who's buying homes and what are those impacts.
  • So in MAPC's Homes for Profit research, we found that we were... ...and what are those impacts?
Summary: The Joint Committee on Revenue held a public hearing on a series of bills focused largely on local-option real estate transfer fees and housing funding tools for communities facing severe affordability pressures. Testimony strongly favored bills for Somerville, Concord, Martha’s Vineyard, Nantucket, Chatham, and a statewide local-option transfer fee, with speakers arguing that high-end real estate transactions should help fund affordable housing, anti-displacement efforts, workforce housing, and related capital improvements. Elected officials and local housing leaders described rising rents and home prices, investor activity, shrinking year-round housing stock, and difficulty recruiting or retaining teachers, police, health care workers, and other essential employees. Several witnesses emphasized that the proposals would be optional for municipalities, could include exemptions for first-time homebuyers or seniors, and would direct revenue into local affordable housing trust funds or housing banks. Committee members asked questions about who would pay the fee and whether it could make housing less affordable, and supporters responded that the fees would be targeted at higher-value transactions and designed with local flexibility. For Somerville, the delegation and Mayor Katjana Ballantyne backed both a local home rule petition and statewide enabling legislation, saying the city has already used zoning reform, inclusionary zoning, and local housing funds but still needs a new revenue source to address displacement and investor-driven purchases. For Concord, Representative Carmine Gentile and Concord housing advocates supported a home rule petition and the statewide bill, arguing that a modest fee on sales above $1 million could generate predictable revenue for affordable housing production and preservation. One committee exchange focused on whether the fee would affect most Concord sales and whether it would be passed on to buyers; supporters said the policy was intended to shift costs toward higher-value properties and help leverage other funding sources. The committee also heard testimony on House 4105, which would redirect a casino-related revenue stream to the Healthy Incentives Program. Farmers, advocates, and residents said the current funding was originally intended to support horse racing but has not met that goal, and that the money would be better used to support Massachusetts farmers and food-insecure residents through HIP. In a separate bill, Senator Becca Rausch testified in support of Senate 268, which would create a state-level hostile learning environment complaint process for higher education institutions and potentially strip tax exemptions from colleges or universities found to have such environments; she cited anti-Semitic and transphobic incidents on campuses and argued that existing federal protections should be mirrored in state law. The hearing also included testimony on college tuition debt reduction legislation from Senator Michael Moore, who said the bill would allow a deduction for tuition and fees paid to Massachusetts public colleges and universities to ease student debt and support the state’s workforce. A major portion of the hearing focused on Martha’s Vineyard and Nantucket housing bank proposals. Hospital, school, housing, planning, and municipal officials from Martha’s Vineyard said the island’s year-round housing shortage is harming health care, schools, and the local workforce, and urged approval of a housing bank funded by a local-option transfer fee. Nantucket witnesses made similar arguments, pointing to a very high median home price, a large seasonal housing stock, and the need for a dedicated revenue stream to preserve and create year-round housing. Supporters repeatedly cited the long-running success of the islands’ land banks as evidence that transfer fees can work without harming real estate markets. Senator Julian Cyr and Representative Thomas Moakley Luddy also backed the Cape and Islands transfer-fee bills, saying the region needs bold action and a sustainable local funding source to address its housing crisis.
TX
Transcript Highlights:
  • Inflation has been a major driving factor of increased cost of the plan, impacting materials, construction
  • meet the legislature's intent that we be ready to. defend against threats and recover quickly if impacted
  • It makes us inflate the fees that we charge our farmers and licensees, and I'll real quick explain that
  • It has a tremendous negative impact on our agriculture sector of the economy. Thank you for that.
  • So what is the economic impact of the winery industry in Texas?
Bills: SB1 , SB 1
Committee: Senate Finance
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 1/16/25

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • </c><00:09:00.880><c> specific</c> discourage growth and impact specific discourage growth and impact
  • </c> costs this neg negatively impacts costs this neg negatively impacts competition<00:39:48.200><c>
  • </c> constituents about property tax impacts constituents about property tax impacts and<01:19:23.280
  • </c><01:19:50.880><c> cost</c> nothing changed inflation cost nothing changed inflation cost programming
  • </c><01:25:02.360><c> note</c> budget office did a local impact note budget office did a local impact
MN

Minnesota 2025-2026 Regular Session

House Ways and Means Committee 3/10/25

Ways and Means

Transcript Highlights:
  • </c> breaking down their potential impact breaking down their potential impact here<01:43:21.840><c>
  • They might not show up as a big impact for this committee on a spreadsheet, but that property tax impact
  • They might not show up as a big impact for this committee on a spreadsheet, but that property tax impact
  • They might not show up as a big impact for this committee on a spreadsheet, but that property tax impact
  • They might not show up as a big impact for this committee on a spreadsheet, but that property tax impact
Bills: HF25 , HF4
MO

Missouri 2026 Regular Session

Budget Feb 9th, 2026

Budget

Transcript Highlights:
  • safety, and early intervention to crisis response, always working with an emphasis on measurable impact
  • Today, the positive impacts of the Department of Health and Senior Services on Missourians are mostly
  • We must be prepared to make bold changes over the next couple of years to impact generational health
  • But it doesn't impact you also. Please continue. On page 318, there's a few recommended reductions.
  • But it doesn't impact you also. Please continue. On page 318, there's a few recommended reductions.
Committee: House Budget
Summary: The committee heard the Missouri Department of Health and Senior Services present its FY 2027 budget request, with Director Sarah Wilson and budget staff describing the department’s mission, major divisions, and the impact of federal funding shifts, especially the FMAP change that will shift costs to general revenue. Wilson emphasized prevention, public health infrastructure, workforce capacity, and data modernization, while several members praised the department’s responsiveness and cost-cutting efforts. The discussion repeatedly focused on lapses, excess authority, and the department’s stated practice of spending federal and other funds before general revenue where possible. Members asked detailed questions about local public health agency support, nutrition programs, rural health and primary care, newborn screening, the state public health lab, and the department’s use of flexibility and reallocations. There was extended discussion of substance use disorder funding: the department explained that some funding is being reduced in its own budget because transfer authority is being added for the Department of Mental Health and the Department of Corrections, while some other SUD-related lines are actual reductions. Members also questioned tobacco prevention and cessation cuts, maternal and infant health programs, fetal infant mortality review, and minority health initiatives, with staff explaining program purposes and noting that some reductions were tied to excess authority or to moving programs to other departments. The committee also reviewed specific operational items such as the Health Initiatives Fund transfer, debt offset escrow for loan repayment defaults, donated funds authority, emergency preparedness, environmental health, health informatics, HIV/STI/hepatitis services, local public health incentives, and the COVID/ARPA authority reductions. Several members requested follow-up information on vacancies, lapse trends, grant spending plans, and program details. No final vote or formal action was taken in the portion provided; the chair recessed briefly and the hearing continued with additional budget testimony.
MN

Minnesota 2025-2026 Regular Session

Committee on Jobs and Economic Development - 02/12/25

Jobs and Economic Development

Transcript Highlights:
  • It's also just worth noting, for the committee's benefit, that experience rates have no impact on an
  • on an employer that has gone out impact on an employer that has gone out of<00:14:51.639><c> business
  • can impact benefits whether that's<00:19:58.280><c> highering</c><00:19:58.720><c> interest</c><00:19
  • </c><00:25:39.799><c> on</c> out District byd district impacts on out District byd district impacts on
  • </c><01:09:27.440><c> but</c> I mean of course there's inflation but I mean of course there's inflation
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, March 27, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • </c> economic impact of $3 billion statewide. economic impact of $3 billion statewide.
  • That has an impact on morale.
  • That has an impact on morale.
  • That has an impact on morale.
  • It's had a negative impact impact impact uh<03:55:00.880><c> from</c><03:55:01.199><c> dumping</c><03
WA

Washington 2025-2026 Regular Session

Senate Higher Education & Workforce Development Jan 29th, 2026 at 01:30 pm

Higher Education & Workforce Development

Transcript Highlights:
  • And it prevents that new tuition revenue to pay for other things like academic supports and inflation
  • The bill... ...impacting student access and workforce preparation.
  • This, in turn, negatively impacts our students, as fewer faculty and staff means reductions in course
  • The impact of unfunded COLA increases has taken its toll on colleges.
  • It impacts our institutional agility and our long-term financial stability, needing to dig very deeply
CA
Transcript Highlights:
  • Without these changes, we're not just hurting nonprofits; we're limiting our impact on the ground.
  • These are no-cost fixes with high-impact benefits.
  • That violence left deep scars and trauma, with many generations still impacted in California's first
  • So this is an issue that is deeply impacting, as all of you...
  • So this is an issue that is deeply impacting, as all of you know, small businesses across California,
Summary: The Governmental Organization Committee heard a series of bills on holidays, procurement, public safety, and business regulation. AB 268 would add Diwali as an official state holiday and allow schools and state workers limited flexibility to observe it; supporters described it as a recognition of California’s large South Asian and Hindu communities, and there was no opposition. AB 770 would define “customary maintenance” for outdoor advertising displays to clarify what repairs and reinforcements are allowed; the bill was presented as a safety and consistency measure for the billboard industry. AB 783 would authorize the Department of General Services to negotiate bulk pricing for construction materials to help disaster-affected communities rebuild more affordably, with supporters from the housing and building sectors and some members raising concerns about state contracting, storage, and implementation. AB 381 would update state procurement rules to better prevent human trafficking and forced labor in supply chains, aligning state policy with federal standards and drawing support from anti-trafficking advocates, labor, and local government representatives. AB 668 would extend drink-spiking prevention measures to music festivals by requiring test strips, drink lids, and reporting procedures; supporters emphasized victim safety and underreporting, while venue operators opposed the bill unless amended, citing feasibility and cost concerns. AB 880 would require prompt payment and indirect cost coverage for nonprofits contracting with the state, with broad nonprofit support and no opposition. AB 989 would make California Native American Day a paid holiday, with tribal and allied support. AB 592 would extend and expand temporary outdoor dining and alcohol service flexibilities for restaurants, with strong support from restaurant and business groups and opposition from alcohol policy advocates who preferred a narrower or permanent grandfathering approach. Most bills advanced on committee votes, generally on party-line or broad bipartisan support. AB 770 was moved to Appropriations, AB 783 was passed as amended to the Assembly Committee on Emergency Management, AB 381 was sent to Labor, AB 668 and AB 880 were sent to Appropriations, AB 989 was sent to Public Employees and Retirement, and AB 592 was sent to Health. The committee also took up a consent calendar containing several additional bills, which was approved. The hearing ended with the roll left open for additional votes and adjournment at 3:17 p.m.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/4/25

Commerce Finance and Policy

Transcript Highlights:
  • It has a lot of different impact, and so we'll get a chance to have some conversation, but I do thank
  • c> is it going to be it has a lot of is it going to be it has a lot of different<00:04:15.120><c> impact
  • and so we'll get a different impact and so we'll get a chance<00:04:16.120><c> to</c><00:04:16.280><
  • What impact do you think that would have on the individual market in terms of enrollment or what Chair
  • if Congress doesn't act um I impact if Congress doesn't act um I think<00:25:07.600><c> we're</c><00
Bills: HF837
MA

Massachusetts 2025-2026 Regular Session

House Committee on Federal Funding, Policy and Accountability Jun 21st, 2026 at 01:00 pm

House Committee on Federal Funding, Policy and Accountability

Transcript Highlights:
  • Every administration has good impacts, bad impacts; we just have to assess them.
  • Every administration has good impacts, bad impacts; we just have to assess them.
  • We do see things with huge impacts.
  • regarding wind, has that had any impact on this yet, and have the tariffs had an impact on fuel as well
  • direct impact on my district, but also I think is and will have a continuing indirect impact on Massachusetts
Summary: The inaugural hearing of the newly named House Committee on Federal Funding, Policy and Accountability focused on how federal policy changes could affect Massachusetts, especially in education, health care, research, infrastructure, climate, and business conditions. Chair LaNatra said the committee was created to monitor federal funding decisions and their impacts on state programs and services. Members introduced themselves, then heard testimony from Doug Howgate of the Massachusetts Taxpayers Foundation, Sarah Mills of Associated Industries of Massachusetts, and Quentin Palfrey, the governor’s Director of Federal Funds and Infrastructure. Howgate argued that the Trump administration and new Congress pose ideological, practical, and process-related risks to Massachusetts, citing proposed cuts to Medicaid, education, research, and other domestic programs. He said federal dollars make up about a quarter of the state operating budget and capital plan, warned against using one-time reserves to backfill ongoing federal cuts, and urged the state to prioritize core services while protecting areas where Massachusetts is especially strong, such as higher education and research. In response to committee questions, he said the House Medicaid proposal would still cost Massachusetts hundreds of millions and that international student and NIH-related changes could harm the state’s labor force and innovation economy. He also advised that the state communicate clearly without overreacting to daily federal developments. Mills testified that AIM members are most concerned about uncertainty, tariffs, Medicaid cuts, and NIH reductions. She said tariffs are raising costs, disrupting supply chains, and hurting small and medium-sized businesses, housing construction, and exporters, with AIM’s business confidence index falling to its lowest level since the pandemic. She said Medicaid cuts would raise employer health costs, reduce productivity, and strain the health care system, while NIH cuts would threaten Massachusetts’ life sciences and academic research ecosystem. In questions, she said AIM has increased federal outreach, is coordinating with the U.S. Chamber and the Massachusetts delegation, and is hearing concerns from employers about immigration compliance and workforce disruptions. Palfrey described the Healey-Driscoll administration’s efforts to maximize federal funding, including a biweekly interagency council, a municipal partnership effort, and a statewide roadshow. He said Massachusetts has secured nearly $9 billion from major federal laws for projects such as the Cape Cod bridges, Allston Multimodal, grid modernization, clean-energy school buses, and broadband. He also said the administration launched a public website to track federal impacts and is working with municipalities, nonprofits, and the Attorney General on grant changes, legal issues, and litigation. In response to questions, he warned that cuts to NOAA, NSF, Medicaid, SNAP, and other programs could affect services and the state budget, and said the administration is tracking changes to federal grant applications and conditions. No votes were taken; the hearing was informational only.
CA

California 2025-2026 Regular Session

Assembly Education Committee Mar 26th, 2025

Education

Transcript Highlights:
  • It will be impactful.
  • As we're considering with these wildfires, the impacts to schools, that's something.
  • I would hope we are having a public hearing on something that impacts cradle-to-career.
  • Teacher shortages have disproportionately impacted underserved communities.
  • The other piece is inflation protection.
Committee: House Education
CA
Transcript Highlights:
  • on diesel production, the impact on food costs.
  • And so that kind of gets to your question about impacts on food systems.
  • The big, I would say the big thing that did happen is that under the inflation fuel.
  • jobs, and then there are also the emissions impacts there.
  • They're, you know, the EJ impacts as well.
Summary: The subcommittee heard testimony on the governor’s proposed sustainable aviation fuel (SAF) tax credit, which would provide a $1 to $2 per gallon credit against the diesel excise tax for SAF sold for use in California from 2026 to 2036. The Department of Finance and CARB argued the credit would help decarbonize aviation, support refinery transitions, and keep fuel production and jobs in California. The Legislative Analyst’s Office recommended rejecting the proposal, saying it is a relatively expensive way to reduce greenhouse gases, could have uncertain or limited climate benefits, and would reduce diesel excise tax revenue that supports highways, local streets and roads, and other transportation programs. A major point of debate was whether the credit would simply shift limited feedstocks from renewable diesel to SAF rather than create new low-carbon fuel supply. Professor Aaron Smith and the LAO said that because feedstocks such as used cooking oil, tallow, and vegetable oils are limited and already used in other fuel markets, the policy could increase SAF at the expense of renewable diesel, with possible increases in fuel prices and little net emissions benefit. Administration and CARB staff disputed that outcome, saying additional waste-based feedstocks are available and that the policy would not meaningfully raise gasoline or diesel prices. Senators focused on feedstock availability, impacts on road funding, fairness to consumers, and whether the proposal was really aimed at preserving specific refineries such as Phillips 66. Public comment was sharply divided. Labor representatives, refinery workers, airlines, Boeing, airports, and some local residents supported the proposal, emphasizing jobs, refinery investment, and aviation’s need for a liquid-fuel decarbonization pathway. Environmental and transportation groups, including the Center for Biological Diversity, World Resources Institute, Earthjustice, California Environmental Voters, counties, cities, and trucking and asphalt associations, opposed it, citing weak net climate benefits, possible fuel-price impacts, and losses to transportation funding. No vote was taken; the chair announced all items would be held open for a future hearing.
MA

Massachusetts 2025-2026 Regular Session

Joint Session Jun 21st, 2026 at 06:00 pm

Massachusetts Joint Floor Meeting

Transcript Highlights:
  • Now, high costs don't just come from inflation. It's not just housing and energy and health care.
  • We can't control inflation, but there are things that we can control. And I also want to say this.
  • It's impacting self-esteem. These platforms, let's be serious, are built with addictive algorithms.
Summary: The joint convention of the Massachusetts Legislature convened to receive the Governor’s State of the Commonwealth address. The session began with procedural motions to appoint committees to notify the lieutenant governor, constitutional officers, Executive Council, and Governor, followed by an invocation from Archbishop Richard G. Henning, the posting and retiring of colors, the Pledge of Allegiance, and the national anthem. The Governor was then formally admitted to the chamber and delivered the address, with a benediction afterward by Rabbi Elaine Zacker. Governor Maura Healey’s address focused on affordability and public services. She highlighted actions and proposals on housing, including faster permitting, use of state land for housing, accessory dwelling units, down payment assistance, and expanded programs to help first-time buyers. She also discussed energy affordability, saying she would oppose utility rate hikes, pursue an energy affordability bill, and temporarily reduce electric and gas bills. On health care, she described efforts to cap costs, prevent prior authorization for insulin, ban medical debt reporting to credit agencies, and form a health care affordability working group. She also proposed making subscription cancellations easier, improving transportation through bridge repairs and transit investments, and strengthening protections for children on social media. The Governor also emphasized education, workforce development, and economic competitiveness, citing the state’s top national education ranking, expanded pre-K and child care, literacy and tutoring investments, early college opportunities, and a goal of 100,000 apprentices over 10 years. She praised Massachusetts’ response to federal actions, including support for vaccines, food assistance, abortion access, and research funding, and she criticized the Trump administration on tariffs, health care cuts, and immigration enforcement. She also noted public safety and veterans’ issues, including new assisted-living protections after the Gabriel House fire and the rebuilding of veterans’ homes. No substantive votes on legislation were taken beyond adoption of the ceremonial orders and the final adjournment motion.
MA

Massachusetts 2025-2026 Regular Session

Joint Session Jan 22nd, 2026

Massachusetts Joint Floor Meeting

Transcript Highlights:
  • Now, high costs don't just come from inflation. It's not just housing and energy and health care.
  • We can't control inflation, but there are things that we can control. And I also want to say this.
  • It's impacting self-esteem. These platforms, let's be serious.
Summary: The joint convention convened to receive the Governor’s annual State of the Commonwealth address. Before the address, the chamber adopted orders appointing committees to escort the Lieutenant Governor, constitutional officers, Executive Council, and Governor into the chamber, and the Archbishop of Boston and Rabbi Elaine Zacker delivered the invocation and benediction. The proceedings also included the Pledge of Allegiance, the national anthem, and formal acknowledgments of guests and former officials. In her address, Governor Maura Healey focused on affordability and the state’s response to federal policy changes. She criticized actions by the Trump administration on tariffs, health care, immigration enforcement, and food assistance, while emphasizing Massachusetts’ efforts to lower costs and protect residents. She highlighted housing production and conversion of state and office properties, energy affordability measures, health care reforms including ending prior authorization for insulin and banning medical debt reporting, transportation improvements, economic development, education investments, and workforce training. She also announced short-term relief for winter utility bills, expanded support for food banks, and new proposals to protect children from social media harms. The Governor also discussed public safety and veterans’ services, citing reforms after the Gabriel House fire and improvements to the Chelsea and Holyoke veterans’ homes. She framed the speech around Massachusetts’ historical role in the nation’s founding and the upcoming 250th anniversary of American independence, urging continued unity and leadership. After the Governor’s remarks and the benediction, the joint convention adjourned without any legislative vote on policy matters during the session.
MA

Massachusetts 2025-2026 Regular Session

Joint Session Jan 22nd, 2026

Massachusetts Joint Floor Meeting

Transcript Highlights:
  • Now, high costs don't just come from inflation. It's not just housing and energy and health care.
  • We can't control inflation, but there are things that we can control. And I also want to say this.
  • It's impacting self-esteem. These platforms, let's be serious, are built with addictive algorithms.
MN

Minnesota 2025-2026 Regular Session

Conference Committee on SF2298 5/8/25

Transcript Highlights:
  • I'm here to share the real impact of housing investments and the urgent need to build on them.
  • I'm here to share the real impact of housing investments and the urgent need to build on them.
  • Uh, this amendment is most impactful through those standalone and multi-county HRAs.
  • Thank you again. mostly or most impactful through to mostly or most impactful through to those<00:46:
  • </c> advanced because where we live impacts advanced because where we live impacts everything.<00:50:
NM
Transcript Highlights:
  • $1.03 in school year 18 to $1.71 per student per day in 2024, an increase of 71%, which has outpaced inflation
  • However, the program evaluation may be too early to accurately assess the long-term impacts of the program
  • you're right: it's not a lot of money per meal, but it does seem to have increased more than general inflation
  • the reimbursement rate is set now, but it looks like this is going to be one of the major areas of inflation