Video & Transcript Research : 'inflation adjustment'

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MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 4/9/26

Education Finance

Transcript Highlights:
  • After adjusting for inflation, Minnesota ESPs today make $3,000 less than they did in 2021.
  • Our budget per month has to adjust Our budget per month has to adjust drastically. drastically.
  • adjustment. So this would be aid on top. adjustment. So this would be aid on top.
  • Not just an adjustment for inflation, but actual less dollars on your paycheck than the year before.
  • > for<01:25:44.920> inflation, Not just an adjustment for inflation, Not just an adjustment
Bills: HF3119
WY

Wyoming 2026 Regular Session

House Revenue Committee, February 19, 2026

Revenue

Transcript Highlights:
  • So we've adjusted that amendment conversation. Any other conversation on this amendment?
  • <00:38:42.480> So<00:38:42.640> we've<00:38:42.880> adjusted<00:38:43.280>
  • So we've adjusted that good. Okay.
  • So we've adjusted that amendment<00:38:44.880> uh<00:38:45.760> conversation.
Bills: HB0101, HB0062, HB0109
TX

Texas 89th 2nd C.S.

Local GovernmentAudio only. Aug 26th, 2025

Local Government

Transcript Highlights:
  • I'm trying to find the definition of inflation. OK. What inflation rate are we using?
  • Population growth inflation figures show whether increases align with actual community data.
  • comparisons showing what tax levies would look like if the rate was kept in place with population inflation
  • So the first question had to do with Senator Nichols: Which inflation, and here they're referring to
  • We do, however, appreciate that because it says enrollment with inflation, that it appears to acknowledge
Bills: HB17, HB23
TX
Transcript Highlights:
  • I'm trying to find the definition of inflation. What inflation rate are we using?
  • Population growth and inflation figures show whether increases... ...is aligned with actual community
  • The first question had to do with which inflation, and here they're referring to the consumer price index
  • We do, however, appreciate that because it states enrollment with inflation, that it appears to acknowledge
  • that schools should be funded on enrollment and that the funding formula should be indexed to inflation
Bills: HB17, HB23
TX

Texas 89th Regular

Ways & Means Aug 22nd, 2025

Ways & Means

Transcript Highlights:
  • Inflation leading up to that... ...had been at a decade of 2% to 3% inflation rate.
  • Inflation got way out of control.
  • On an inflation-adjusted basis, my residents, on average, will go from just under $1,800 per year to
  • So, adjusting for inflation, they're going to pay $3 more per year. And you are one entity.
  • So when we talk about adjusting it down...
Bills: HB17, HB23, SB 10
TX

Texas 89th Regular

State Affairs May 19th, 2025

State Affairs

Bills: HB46, HB272
Summary: The Senate Committee on State Affairs heard several House bills and took no final votes, leaving each bill pending after testimony. HB 272 would align venue and evidentiary rules for fraudulent use or possession of credit/debit card information with existing credit card abuse law; the sponsor said it would improve prosecutions, and the Texas Financial Crimes Intelligence Center supported it. HB 1661 would increase penalties for certain election-related offenses, including failure to distribute election supplies and early release of election results; no substantive opposition was heard. HB 551 would protect the residential addresses of people who receive campaign expenditures on public Texas Ethics Commission reports, similar to donor privacy protections, and a witness from Texas Eagle Forum later indicated support for the privacy change. The committee also heard HB 2820, which would raise the amount charitable bingo organizations may keep in operating capital from $50,000 to $100,000. The sponsor and a Texans for Charitable Bingo representative said inflation and operating costs have made the current cap too low and that the bill would help charities maintain stable operations without expanding gaming. HB 3181 would impose stronger consequences for repeated denial of court-ordered child possession and access, including limiting probation and requiring attorney’s fees after multiple contempt findings; a family court judge and a parent testified in support, while another witness argued the bill should be paired with stronger criminal enforcement and that parents already face high costs. HB 4157 would update Texas law for commercial spaceflight by recognizing liability waivers and preserving workers’ compensation rights; no one testified against it. The committee also heard HB 4145, which would let health care providers satisfy a timely billing requirement by sending bills to a patient’s legal representative in a personal injury case, closing what supporters described as a loophole in letter-of-protection situations. Finally, HB 46, relating to the Texas Compassionate Use Program, drew the most extensive discussion: supporters said it should expand access for legitimate medical cannabis patients and add more delivery methods and conditions, while opponents warned against broader marijuana expansion and questioned adding chronic pain and other conditions. The sponsor said he still supports the program and wants a balanced, regulated expansion, but noted the bill is still being worked on. All bills were left pending at the close of the hearing.
WY

Wyoming 2026 Regular Session

House Revenue Committee, February 17, 2026

Revenue

Transcript Highlights:
  • And so it will require that increase to the appropriation, and the adjustment for inflation cost will
  • now with that $1.8 to $2 million per biennium, that would need to increase moving forward as that inflation
  • adjustments for municipalities, particularly our small ones.
  • those limits to ongoing inflation those limits to ongoing inflation adjustments<01:21:29.600>
  • for<01:21:29.920> municipalities, adjustments for municipalities, adjustments for municipalities
HI

Hawaii 2026 Regular Session

CPC Public Hearing - Tue Feb 3, 2026 @ 2:00PM HST

Consumer Protection & Commerce

Transcript Highlights:
  • These increases have been far beyond inflation. Uh, as Steve mentioned, 20, 30, 40 percent.
  • These increases have been far beyond inflation. Uh, as Steve mentioned, 20, 30, 40 percent.
  • cost a year for excessive drinkers and non-excessive drinkers, less than $5 a year for the tax adjustment
  • Less than $5 a year for the tax adjustment.
  • Um, they adjusted it for this way.
Summary: The committee heard testimony on HB 1991, which would change Hawaii’s liquor excise tax structure to an ABV-based system. The Department of Taxation and the Tax Foundation of Hawaii took no position and stood on written comments. Supporters, including the Hawaii Public Health Institute and an individual testifier who described surviving a drunk-driving crash, argued that higher alcohol taxes reduce alcohol-related harms, save lives, and generate additional state revenue. The public health witness cited alcohol-related harms as a major preventable cause of death and said the tax increase would have only a small annual cost for most consumers. Most industry testimony was in opposition. Representatives of Lanikai Brewing Company, Maui Brewing Company, the Wine Institute, and the Hawaii Food Industry Association said the bill would sharply raise taxes on beer and wine, squeeze already thin margins, and threaten local jobs and businesses. They argued Hawaii producers already face high costs for labor, energy, shipping, and compliance, and said an ABV-based tax would be difficult to administer, would require additional testing and labeling work, and could reduce consumer choice. Several industry witnesses urged lawmakers to instead adopt a small-producer or class 18 carveout, with one suggesting a cap tied to 60,000 barrels. Committee members questioned the brewers about alcohol content testing, labeling, and whether smaller producers already measure ABV. Witnesses said many local producers do not certify ABV for in-state sales, that yeast and fermentation can vary by batch, and that an ABV-based system could require more testing than current practice. No vote or final action on the bill was taken during the portion of the meeting provided.
TX

Texas 89th Regular

Intergovernmental Affairs Aug 22nd, 2025

Intergovernmental Affairs

Transcript Highlights:
  • So it's fair to say the rhetoric criticized inflation is inflated. I would say so.
  • , times inflation in this instance.
  • Last year, I asked our financial team to adjust that for inflation.
  • That are all growing faster than inflation.
  • He can adjust the rate. It's about the income.
Bills: HB26, HB73, SB 14, HB46
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/10/26

Taxes

Transcript Highlights:
  • renter's credit is based on adjusted renter's credit is based on adjusted gross<00:20:58.720>
  • ,<00:25:12.400> whereas continued to follow inflation, whereas continued to follow inflation
  • and simply base it on federal adjusted and simply base it on federal adjusted gross<01:03:54.080
  • to use federal adjusted gross income.
  • to use federal adjusted gross income.
US
Transcript Highlights:
  • additional tax relief to middle-class workers and families who have struggled to keep up due to historic inflation
  • Donald Trump is raising inflation and causing chaos in the markets.
  • I was just on the floor of the Senate noting the headlines that inflation is down, lowest this past month
  • Americans when private equity firms are able to expand. exploit this market gap and artificially inflate
  • Inflation is down. Prices are down.
Summary: The committee convened to discuss various bills and nominees, including the critical nominations of William Kimmett for Undersecretary of Commerce for International Trade and Ken Keyes for Assistant Secretary for Tax Policy at the Treasury Department. Discussions highlighted the nominees' roles in managing critical trade and tax policies amidst rising economic concerns, particularly focusing on inflation and its impact on American families. Members expressed both support and skepticism, emphasizing the significance of fostering fair trade practices and ensuring tax policies that benefit the middle-class amidst claims of an agenda favoring affluent individuals and corporations.
US
Transcript Highlights:
  • Inflation remains persistent, mortgage rates and the cost of housing are too high.
  • After the crushing inflation of the last administration, Montanans need assurance that we will fight
  • So I'm sure you're aware that in the Inflation Reduction Act, Congress increased the staffing in IRS
  • And then some of it may find its way into prices in a one-time adjustment.
  • And they've been making tons of adjustments as this goes, because this is such a flawed policy.
Summary: The meeting convened to consider the nomination of Mike Falkender for the position of Deputy Secretary of the Treasury. During the session, multiple members voiced concerns regarding current economic policies under the Trump administration, particularly around inflation, tariffs, and the impact on small businesses. Discussions frequently centered on the administration's approach to tariffs and taxation, and how these factors contribute to the rising cost of living and potential job losses. Additionally, the importance of bolstering government-to-government relationships with tribal nations was emphasized, highlighting the need for specialized offices focused on tribal affairs within the Treasury Department.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/20/25

Taxes

Transcript Highlights:
  • Those amounts are indexed for inflation.
  • <00:23:48.520> statutory adjusted for inflation with a statutory adjusted for inflation with
  • <00:42:49.839> to financial headwinds from inflation to financial headwinds from inflation
  • , wage adjustments, and higher costs of all of these services.
  • higher inflation wage adjustments and higher inflation wage adjustments and higher costs<00:45:33.800
TX
Bills: HB17, HB16, SB10, HB27, HB23, SB15, SB18
Summary: The House convened, received a message from the Senate, and the chair announced the signing of HB 4 in the presence of the House. The clerk then read a large number of first-reading measures and referred them to committees. Among the notable bills, SB 1 by Senator Perry on campground and youth camp safety was referred to the Committee on Disaster Preparedness and Flooding. Several House resolutions dealing with House rules, quorum, attendance, and penalties for members who missed sessions or broke quorum were referred to the Committee on House Administration, including HR 5, HR 17, HR 18, HR 34, HR 41, and HR 58. The House also referred a broad slate of resolutions to the Committee on Local and Consent Calendars, including measures by Riddell, Craddick, Toth, Leo Wilson, Schofield, Gehan, Bella Montgomery, Hinojosa, Schoolcraft, Little, Meyer, Luhan, Orr, Johnson, Harris Davila, Lopez, Cameron, Gonzalez of El Paso, Wharton, Flores, Dyson, and Harless. These referrals covered many individual House resolutions and concurrent resolutions, but no debate or votes were recorded in the transcript. At the end of the proceedings, the House recessed until noon pursuant to a previously adopted motion.
FL

Florida 2026 Regular Session

Appropriations Committee on Pre-K - 12 Education Feb 4th, 2026

Appropriations Committee on Pre-K - 12 Education

Transcript Highlights:
  • rewritten more than a decade ago to emphasize performance pay and limit the role of cost-of-living adjustments
  • It restores meaningful use of cost-of-living adjustments for educators with direct student contact.
Bills: S0920, S1036, S1216
Summary: The Appropriations Committee on Pre-K-12 Education met with a quorum present and first temporarily postponed SB 920 on mathematics education. The committee then took up SB 1216 on public school personnel compensation, sponsored by Senator Rodriguez, which would give districts more flexibility in educator pay by restoring meaningful cost-of-living adjustments for teachers with direct student contact, allowing recognition of relevant advanced degrees, and removing rigid performance-pay caps. Several senators spoke in support, emphasizing teacher retention, compensation, and education as a state investment. The bill was reported favorably on a unanimous roll call vote. After a brief recess, the committee considered CS/SB 1036 on school counselors, sponsored by Senator Calatayud, to address counselor shortages by removing certification barriers tied to classroom teacher requirements. The sponsor and supporting testimony described recruitment and retention problems, high counselor-to-student ratios, and the need for counselors to focus on student academics, mental health, and college/career readiness rather than administrative duties. Public testimony came from students, educators, and school personnel who described limited access to counselors and the impact on student well-being and college planning. Committee members broadly supported the bill while noting that counselors are often overburdened and that additional support personnel, including BRACE advisors, may also need attention in the future. Senators also discussed broader efficiency measures and the need for schools and colleges to improve access to guidance services. CS/SB 1036 was reported favorably by unanimous vote. At the end of the meeting, members recorded their votes on the two bills, and the committee adjourned.