Video & Transcript Research : 'Inflation'
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TX
Texas 89th Regular
Trade, Workforce & Economic Developent Apr 30th, 2025
WA
Washington 2025-2026 Regular Session
Legislative Democratic Leaders Media Availability Apr 27th, 2025
Transcript Highlights:
- Due to a lot of decreasing revenue and inflation and increased needs here for people in the state of
Summary:
House and Senate Democratic leaders held a post-sine-die press availability to describe a difficult 2025 session and the major budget and policy outcomes. They said the state faced a $16 billion operating shortfall and an $8 billion transportation gap, along with inflation, slowing revenue, federal uncertainty, and a new governor. Despite that, they said the chambers reached balanced operating and transportation budgets while trying to avoid harming vulnerable residents or overburdening working families.
The leaders highlighted several priorities they said were advanced: increased school funding, including about $1.4 billion more for special education; housing measures such as rent stabilization, parking minimum reforms, lot-splitting, and middle-housing enforcement; and public safety funding, including a $100 million one-time law-enforcement appropriation requested by Governor Ferguson. They also discussed a community reinvestment approach and said local governments would have more flexibility to fund community safety.
They acknowledged that balancing the budget required painful cuts and tradeoffs, including delays to child support pass-through payments and TANF benefits, reduced support for higher education and student aid, higher child-care copays and fewer child-care slots, closure of one prison and four reentry centers, and reductions in managed care payments. They also said the tax package included modest business tax increases, including a surcharge on some large businesses and sales tax changes for certain services, and that a wealth tax remained alive for future sessions even though it was not part of this year’s budget.
Much of the discussion focused on the new governor’s role and whether there was tension over his review of the budget and bills. Leaders said communication with the governor and his staff had improved over the session, that they expected him to carefully review the legislation, and that they were not reading anything into his absence from the press conference. They repeatedly emphasized bipartisan and bicameral collaboration, and several speakers described the session as one of the most challenging they had experienced, citing the budget gap, federal uncertainty, and recent personal losses in the Legislature.
MN
Transcript Highlights:
- In addition to the current gas prices, gasoline combustion engine drivers are also subject to an inflation
Bills:
HF2438
Keywords:
transportation finance, transportation policy, MnDOT, Minnesota Department of Transportation, Department of Public Safety, Metropolitan Council, highway funding, trunk highway fund, county state-aid highway fund, municipal state-aid street fund, state aid roads, local roads, bridge funding, road construction, transit funding, passenger rail, freight rail, aviation, airport development, safe routes to school
TX
Transcript Highlights:
- The bill would also adjust the amount for the benefit for inflation. 10 years.
Keywords:
peace officers, firefighters, employment protection, worker's compensation, job security, maximum medical improvement, government employment, firefighter cancer benefits, emergency medical technicians, compensation claims, cancer exposures, firefighting hazards, workforce training, rural development, grant program, job-specific training, Texas Workforce Commission, child care, single-parent, subsidized
ND
North Dakota 2025-2026 Regular Session
House Appropriations Apr 2nd, 2025 at 09:00 am
Appropriations
Transcript Highlights:
- The feds, over the years, don't adjust for inflation, and they don't support state-level program increases
Summary:
The committee met to consider three measures, beginning with Senate Bill 2016 for Job Service. Testimony described Job Service’s workforce, unemployment insurance, and labor market functions, its long-term reduction in FTEs and budget, and its reliance on federal funding that does not keep pace with inflation. The bill included funding for an additional FTE for the H-2A housing inspection program, continued support for the JP3 offender placement pilot, and one-time funding for IT and mainframe costs tied to a system modernization effort. The committee approved the bill 20-0, with Representative Swiontek named as carrier.
The committee then discussed Senate Bill 2305, which would allow family members to be paid as caregivers for certain young people with disabilities instead of only licensed outside providers. Members noted the specialized, 24-hour nature of the care, workforce shortages, waiting lists, and the potential to avoid more expensive institutional care. Questions focused on how the program would be structured, including certification requirements and whether it would remain a pilot or become part of the broader human services budget. The committee passed the bill 20-0, with Representative Roar as carrier and Representative Nelson available as backup.
Finally, the committee took up Senate Bill 2024 for the Department of Environmental Quality. The House change was limited to increased special-fund support for water and wastewater operator certification testing to expand availability, while the Senate version already included added FTEs for emerging contaminants and fuel inspection work. Members discussed federal funding uncertainty, including IIJA and ARPA-related concerns, but the department said its major projects, including the new laboratory, were not currently in jeopardy. The committee adopted the amendment and then passed the bill as amended 22-0, with Representative Berg as carrier.
AL
Alabama 2025 Regular Session
Alabama House Ways and Means General Fund Committee Apr 1st, 2025
Ways and Means General Fund
Transcript Highlights:
- Projected right now to be about two to 2.5 for inflation in 2026, and then we've had, I think the number
Keywords:
Alabama budget, general fund appropriations, fiscal year 2026, state budget, appropriations act, HB186, executive branch funding, legislative branch funding, judicial branch funding, debt service, capital outlay, corrections, Medicaid, public health, mental health, transportation, education, law enforcement, tourism, veterans affairs
AL
Alabama 2025 Regular Session
Alabama Senate Finance and Taxation Education Committee Mar 5th, 2025
Finance and Taxation Education
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Friday, December 12, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- Both of these figures are vastly outpacing inflation, which is already sky-high thanks to the president's
- Both of these figures are vastly outpacing<00:31:14.159>
inflation, <00:31:15.039>which - Under the Biden administration, inflation surged to levels that we haven't seen in decades, in generations
- that we have been awful inflation that we have been experiencing experiencing experiencing as<03:17:
- Washington inflated the demand with subsidies and mandates while simultaneously choking off the
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, March 26, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- after four years of<04:35:24.840>
President <04:35:25.240>Biden's <04:35:26.000>inflation - <04:35:27.000>
business of President Biden's inflation business of President Biden's inflation - tax credit, the doubling of the standard deduction, encouraging increased wage growth without the inflation
- tax credit, the doubling of the standard deduction, encouraging increased wage growth without the inflation
- tax credit, the doubling of the standard deduction, encouraging increased wage growth without the inflation
HI
Transcript Highlights:
- So it's going to have an inflated cost based on who's responding to that survey.
- <01:42:58.080>
an market so it's going to have a an market so it's going to have a an inflated - cost based on who's responding inflated cost based on who's responding to<01:43:01.320>
that < - <01:47:40.920>
list <01:47:41.400>price <01:47:42.400>my artificially inflated - list price my artificially inflated list price my request<01:47:43.159>
is <01:47:43.280>that
Summary:
The committee first took up SB 1494 on hearing aids. Testimony was generally supportive of expanding hearing-aid coverage, with the Insurance Division raising concern about possible federal defrayment issues, SHPDA supporting the goal of hearing augmentation, DCAB strongly supporting the bill as an important access issue, and health plans and insurers asking for amendments. Kaiser Permanente and the Hawaii Association of Health Plans requested changes to add a medical-necessity standard and clarify annual notice language, while HMSA suggested the proposal should be studied by the auditor. The chair noted concerns about federal preemption and the lack of an audit, and deferred the bill in favor of a related resolution calling for a study.
The committee then heard SB 1448, an emergency appropriation for the Hawaii State Hospital. DAGS and the Department of Health supported the measure, with the hospital administrator saying the funding would improve the environment of care, support cleaning, and allow a third-party review of the building. Committee members questioned the size of the request and the status of litigation against the design-builder. Administration witnesses said they were pursuing a comprehensive study involving destructive testing, had made a demand on the design-builder to fund the study, and were using different processes than before. They also said the roof work would be handled through a separate CIP request. No final action was taken in the portion provided.
The committee next heard SB 1432, relating to the future responsibilities of the Department of Health and land issues at Kalaupapa after the last patient dies. DOH supported the bill in part but said its long-term role would be limited mainly to environmental cleanup, with operations expected to continue under the National Park Service and land-use decisions left to DHHL and beneficiary consultation. DHHL asked that the measure reflect that any land-use or zoning changes on homeland lands require commission approval and beneficiary consultation. Testifiers from Kalaupapa and Maui County, including Degra Vanderbilt-Papa and Council Member Keani Rollins-Fernandez, supported deferring the bill, saying there had been no meaningful community discussion about provisions affecting Kalaupapa’s future management and possible transfer of responsibilities to Maui County. The committee also read into the record written testimony from Gloria Marks emphasizing that Kalaupapa stakeholders must be included in future discussions.
Finally, the committee heard SB 955 on fitness-to-proceed examinations. The Judiciary and the Public Defender’s Office both supported raising pay and standardizing expectations for private examiners, but opposed reducing felony fitness evaluations from three examiners to one and opposed expanding use of expedited reports. They argued that a single examiner would reduce reliability, create a more adversarial process, and likely increase costs and contested hearings, while expedited reports do not contain enough information for a proper fitness determination. The Department of Health also supported the bill’s intent but asked to preserve a three-examiner framework and said the goal was to reduce the number of people sent to the State Hospital, where admissions have reportedly risen about 20% year over year since Act 26. The bill remained under discussion in the excerpt, with no final vote shown.
CO
Colorado 2026 Regular Session
Colorado Senate 2026 Legislative Day 105 Apr 29th, 2026
Colorado Senate Floor Meeting
Transcript Highlights:
- increases the statewide base per pupil funding for the 2026-27 budget year by $217.30 to account for inflation
- Ask for an I vote. to account for inflation. It sets a new to account for inflation.
- Uh, we are adjusting it for inflation this year. Current law, no shenanigans.
- adjusting<02:20:10.000>
it <02:20:10.800>uh <02:20:10.960>for <02:20:11.200>inflation - adjusting it uh for inflation this year. adjusting it uh for inflation this year.
Summary:
The Senate convened, approved the journal, and received a series of committee and conference committee reports. Committee reports advanced several bills, including House Bill 106 from Education; House Bills 1312 and 1322 from Judiciary; Senate Bill 172 from Transportation and Energy; and a large group of bills from Appropriations, many of which were sent to the Committee of the Whole, some placed on the consent calendar. The chamber also received a conference committee report on House Bill 1410, the state budget bill, which was later taken up for repassage.
A special order consent calendar was then considered and adopted, advancing Senate Bills 154, 156, and 157. Those bills were described as dealing with Colorado Channel Authority Board appointments, State Workforce Development Council practices, and abandonment of a town with critical water infrastructure. The Committee of the Whole report on those bills was adopted, and they were ordered engrossed and placed on the calendar for third reading and final passage.
The Senate also adopted the first conference committee report on House Bill 1411, which concerns health insurance benefits for certain low-income individuals who are ineligible for medical assistance due to immigration status and adjusts appropriations. The report was adopted 34-0, and the bill was repassed 32-2. House Bill 1410, the long bill, was then adopted from conference committee and repassed after extended debate on funding for the ID community and related developmental disability and transition funding; the final repassage vote was 23-11. During debate, senators discussed the difficulty of the budget decisions and the need to revisit the issue with better information in the interim.
Later, the Senate considered Senate Bills 17, 45, and 91 in Committee of the Whole. SB 17, concerning out-of-network health care dispute resolution, received committee amendments and was adopted. SB 45, concerning workforce development opportunities in Colorado’s nuclear sector, was amended to include a one-year sunset if funding is not raised for the School of Mines program, then adopted. SB 91, concerning exclusion of certain printed news deliverers from employee definitions in labor and employment law, drew debate: supporters said it would help preserve local newspapers and independent contractor delivery models, while opponents argued it would weaken worker protections and favor large newspaper owners. The transcript cuts off before the final vote on SB 91.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Friday, January 9, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- In fact, if you were born after 1982 in this country, you had never seen inflation before.
- Now, after four years of Biden inflation, which saw home costs double, Michigan Democrats are pushing
- of<00:53:06.400>
Biden Now, after four years of Biden Now, after four years of Biden inflation - , which saw home costs double, inflation, which saw home costs double, Michigan<00:53:10.000>
Democrats - the financial burden as they struggle to afford the cost of their daily necessities that have been inflated
NH
New Hampshire 2025 Regular Session
House Finance Division I (02/21/2025)
Transcript Highlights:
- things like that you're aware of things things like that you're aware of things like<00:44:31.200>
inflation - <00:44:32.000>
and <00:44:32.480>um <00:44:33.440>inflation <00:44:34.000> - and like inflation and um inflation and like inflation and um inflation and interest<00:44:34.559
- fees since 2013, and most of the ones I'm looking at would seem ripe for an adjustment with all the inflation
Summary:
The committee heard testimony from Insurance Commissioner DJ Bettencourt on the New Hampshire Insurance Department budget. He said the department is self-funded through assessments on insurers based on New Hampshire premium volume, with about $8 billion in premiums written in the state and a department budget of roughly $15.5 million. He explained that the department has 88 authorized positions, eight vacancies, and that three full-time positions were unfunded after the governor’s requested 4% reduction exercise. He also said the department is trying to balance staffing needs with not overburdening carriers during a hard insurance market.
A major topic was the department’s $2.6 million rebate to industry from the prior fiscal year, which Bettencourt described as a credit against the next assessment rather than a direct cash payment. Members questioned why that credit was not reflected as a reduction in the upcoming budget, and Bettencourt and staff explained that the budget assumes full staffing and full spending, with any year-end surplus returned to insurers. The commissioner said the department had added staff in recent years for succession planning and to preserve institutional expertise, and that the rebate reflects careful budgeting rather than excess spending.
Members also asked about staffing changes by division, including positions unfunded in fraud, property and casualty examinations, life and health examinations, and tax. Bettencourt said fraud investigations remain strong and that the department can use outside contractors for examinations, with those costs billed to the company being examined. He also described the department’s examination process, including periodic financial exams and targeted market conduct reviews triggered by consumer complaints or trends. Additional questions covered OIT transfers, the department’s oversight of fully insured health coverage, the insurance premium tax and fines going to the general fund, and the department’s limited role in auto repair reimbursement disputes, where he said complaints have recently declined.
CT
Connecticut 2026 Regular Session
Finance Advisory Committee May 14th Meeting May 14th, 2026
Transcript Highlights:
- assistance in applying for and obtaining energy credits under the direct pay provisions of the Federal Inflation
Summary:
The Finance Advisory Committee approved the minutes of its April 2 meeting and then took up three budget transfers. The first, FAC 2026-6 for the Office of the State Treasurer, moved $75,000 from personal services to other expenses to pay for consultant help applying for federal energy credits under the Inflation Reduction Act’s direct pay provisions. Treasurer’s office staff said the agency had one open position and several others pending posting, and members discussed how the transfer related to vacant positions and the committee’s budget display.
The second item, FAC 2026-7 for the Office of the State Controller, transferred $700,000 from personal services to other expenses to cover higher Core-CT software maintenance and licensing costs. Comptroller staff said the office had 21 open positions, most in Core-CT, and explained that the system, implemented in 2003, receives regular quarterly and monthly updates from Oracle. Members also discussed how the system serves payroll, HR, purchasing, accounting, and related functions for many state agencies, including UConn and the Board of Regents.
The final item, FAC 2026-8 for the Department of Veterans Affairs, transferred $700,000 from personal services, the veterans opportunity pilot, and headstones accounts to other expenses for year-end operational needs. Commissioner Ron Welch said most vacancies were in the skilled nursing facility, food service, and physical plant, with staffing challenges especially for nurses and aides. He also explained that the veterans opportunity pilot never fully launched, that the Institutional General Welfare Fund has been depleted and the agency now relies more on general fund support, and that the department faces rising food, utility, and pharmaceutical costs, including a federal VA reimbursement change that will leave the state responsible for medication costs by 2027. All three transfers were approved, and the meeting adjourned.
AR
Transcript Highlights:
- Inflation stands at 3.3%, making it more expensive for the state to do business.
Summary:
The Senate Revenue and Tax Committee met to consider Senate Bill 1, sponsored by Senator Jonathan Dismang, which continues the state’s long-running effort to reduce Arkansas income tax rates. Dismang said the bill would lower the personal income tax rate retroactive to January 1, 2026 and delay the corporate income tax change until the following January, bringing the rate down from 7% to 3.7%. He also said the bill would use existing surplus funds and estimated that a person making $65,000 would see their effective tax burden reduced by about 45% compared with earlier rates.
The committee heard several witnesses in opposition, including a United Methodist pastor/social worker, a parent describing her son’s disability and need for supported living services, representatives from Arkansas Appleseed and Arkansas Advocates for Children and Families, and a Marshallese community advocate. They argued that Arkansas should preserve revenue for public schools, health care, food assistance, housing, rural hospitals, early childhood education, and disability services, and said the tax cuts would disproportionately benefit higher-income taxpayers while providing little relief to working families. Several speakers cited low state spending relative to national averages and warned that further cuts would worsen existing service gaps.
In closing, Dismang and other supporters said the state can be both compassionate and competitive, that no essential services would be cut by the bill, and that Arkansas has continued to grow revenue despite prior tax reductions. Members emphasized balancing service funding with economic competitiveness and noted the legislature’s focus on lower-income tax brackets in earlier reforms. The committee then voted to do pass SB1, and the bill was approved.
AR
Arkansas 2026 1st Special Session
REVENUE & TAXATION- HOUSE May 4th, 2026
Transcript Highlights:
- Inflation stands at 3.3 percent.
Summary:
The committee heard House Bill 1001, sponsored by Representative Les Eaves, which would lower the Arkansas personal income tax rate to 3.7% retroactive to the current year and reduce the corporate income tax rate to 4.1% beginning in 2027. Eaves argued the bill continues a decade-long strategy of broad-based tax relief, saying it would help working families, keep Arkansas competitive, and reduce future surpluses rather than cut services. He said the personal rate change would affect income above $26,400 for taxpayers in the lower table and that the average taxpayer could see roughly $800 to $1,000 in annual savings from recent tax cuts overall.
Several opponents testified that the state cannot afford additional tax cuts given existing needs. Arkansas Appleseed, Arkansas Advocates for Children and Families, a pastor, a nonprofit worker, and a parent of an adult with disabilities all argued that Arkansas should prioritize funding for public schools, early childhood education, health care, rural hospitals, food assistance, and supported living services. They said the state faces high food insecurity, underfunded education, and growing demands on the budget from federal changes and state programs such as Education Freedom Accounts, and that the tax cut would disproportionately benefit higher earners while providing little relief to most families.
In closing, Eaves and Rep. Ray defended the bill as part of a broader pro-growth tax policy, saying the legislature has continued to fund major priorities while also returning money to taxpayers. Ray said the state should not wait to help taxpayers until every social problem is solved and argued the cumulative tax savings have benefited working families. The committee then adopted a motion to pass HB 1001, and the bill passed by voice vote before adjournment.
AR
Transcript Highlights:
- Inflation stands at 3.3 percent, making it more expensive for the state to do business.
Summary:
The Senate Revenue and Tax Committee considered Senate Bill 1, sponsored by Senator Jonathan Dismang, which would continue Arkansas’s phased income tax reductions, lowering the personal income tax rate to 3.7% and delaying the corporate income tax change until the following January. Dismang said the bill was part of a long-running effort begun in 2013 to reduce rates using conservative budgeting and surplus revenue, and he estimated the change would reduce the effective tax burden for a person making $65,000 by about 45%. Committee members supporting the bill emphasized that the measure would not cut state services and argued Arkansas should balance competitiveness with funding essential programs.
Several speakers opposed the bill, including a clergy member/social worker, a parent advocating for disability services, representatives from Arkansas Appleseed and Arkansas Advocates for Children and Families, and a community advocate from the Arkansas Coalition of Marshallese. They argued the state should preserve revenue for public schools, health care, housing, food assistance, early childhood education, and supported living services, citing underfunded schools, a waitlist for pre-K, hospital and child care pressures, and the needs of low-income and vulnerable residents. Some speakers said the tax cuts would disproportionately benefit higher-income taxpayers while providing little relief to working families.
In closing, Dismang said Arkansas could be both compassionate and competitive and that no essential services would be cut because the state is operating with a surplus. After discussion, Senator Dismang moved do pass, Senator Petty seconded, and the committee approved SB 1 by voice vote. The committee then adjourned.
AR
Transcript Highlights:
- Inflation stands at 3.3%, making it more expensive for the state to do business.
Summary:
The Senate Revenue and Tax Committee met to consider Senate Bill 1, presented by Senator Jonathan Dismang as the next step in Arkansas’s long-running effort to reduce the state income tax rate. He said the bill would lower the rate from 7% to 3.7%, with the personal income tax change retroactive to January 1, 2026, and the corporate income tax change taking effect the following January. In response to a question, he estimated that a person making $65,000 would see their tax bill fall from roughly $3,600 to just over $2,000, or about a 45% reduction in effective tax rate.
Several members of the public testified against the bill, arguing that further tax cuts would reduce revenue needed for education, health care, food assistance, housing, and disability services. Speakers included a clergy member and social worker from Little Rock, a parent describing the high cost of supported living services for her son with cerebral palsy, representatives from Arkansas Appleseed and Arkansas Advocates for Children and Families, and a Marshallese community advocate. They emphasized underfunded public schools, early childhood education waitlists, hospital and child care pressures, and the view that tax cuts disproportionately benefit higher-income taxpayers while vulnerable Arkansans rely on state-funded services.
In closing, Senator Dismang said the bill was part of a decade-long tax reduction effort and argued that Arkansas could be both compassionate and competitive without cutting essential services, noting the state was operating with a surplus. Senator Petty and Senator Boyd echoed support, saying the state should focus on outcomes, maintain competitiveness, and that no services would be cut. The committee then voted do pass on SB 1, and the bill passed by voice vote before the meeting adjourned.
OK
Transcript Highlights:
- Actually, from the time of his exception, you would see if we adjusted for inflation, the cap should
Bills:
HB2947, HB3257, HB3264, HB3834, HB3940, HB3944, HB3979, HB4003, HB4118, HB4326, HB4346, HB4421
Keywords:
behavioral health, Medicaid expansion, clinical interns, mental health services, licensing requirements, veterans, disability benefits, federal law, Oklahoma Statutes, military service, criminal justice, minimum sentences, parole eligibility, violent crimes, Oklahoma statutes, HB3834, Oklahoma Breakthrough Therapy Act, ibogaine, ibogaine-based therapeutics, ibogaine analogs
WA
Washington 2025-2026 Regular Session
Joint Committee on Employment Relations Nov 21st, 2025
Joint Committee on Employment Relations
Transcript Highlights:
- wage increase to help ensure represented state employees receive an increase in light of growing inflation
Summary:
The Joint Committee on Employment Relations met for work sessions on supplemental bargaining for Washington Public Employees Association (WPEA) agreements in general government and higher education, followed by an overview of the collective bargaining process. OFM staff explained that bargaining for the 2025-27 biennium began in 2024, reached tentative agreements, was not ratified in time for the October 1 deadline, resumed, and ultimately produced ratified agreements in August 2025 that were submitted for financial feasibility review under RCW 41.80.010. Staff outlined the tentative agreements’ costs and covered employee counts, including roughly 2,500 FTEs in general government and 2,100 in higher education, with estimated 2025-27 total fund costs of about $22.25 million and $13.5 million respectively.
Staff then gave a broader briefing on how state collective bargaining works, including the bargaining calendar, the role of class and compensation review, the June revenue forecast, interest arbitration, and the October 1 submission deadline. They described the groups OFM bargains for, including general government, higher education, health care coalitions, and certain non-state provider groups such as adult family home providers, child care providers, and language access providers. In response to a question from Senator King, staff said the legislature requires bargaining for those non-state provider groups and has also provided interest arbitration for them. Staff also discussed bargaining priorities such as general wage increases, targeted classification adjustments, recruitment and retention, low-wage worker increases, and maintaining the health care premium split.
In executive session, the committee voted to keep the current co-chairs, Senator Robinson and Representative Couture, through 2026. Members also voted to recognize that the committee met twice in 2025 and to set the 2026 meeting schedule at two meetings. The motions passed without opposition, and the meeting adjourned.