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Ned Lamont: “I want a 4,500 million dollars one time rebate because we…”

Featuring: Ned Lamont, Democratic | Governor of Connecticut

Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike

Published February 20, 2026 | Video Starts at 05:12

A structural change also means a structural deficit. Roland and rel know a lot about that. The reason I said I want a 4,500 million dollars one time rebate because we have very strong capital gains. As you pointed out, those magnificent 7 AI stocks are at all time historic highs. So I can afford to help people out with 500 million. (05:12–05:20)

CLAIM

Asserts the proposal of a $500 million one-time rebate due to strong capital gains.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Ned Lamont

“We lost 25% of our revenues in less than a year [in 08-09].”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 03:52-03:58
“We've got the hydropower coming down from Quebec that turned on just in the last few months.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 07:25-07:31
“Today the price of natural gas is like today, you know, maybe 70 cents a kilowatt hour. And I'm paying 5 cents on, you know, our guarantees.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 09:47-09:58
“There have been maybe one prosecution in five years under [the police accountability bill].”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 21:20-21:25
“The average homeowner, the value of their house is up 40 or 50% the last five years.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 23:23-23:28
“Some hospitals charge 50, 60, 70% more than other hospitals [in Connecticut].”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 28:58-29:10
“We've done a lot in terms of stabilize our finances, cut taxes for people, make sure education's more affordable, big investment in…”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 01:18-01:28
“A lot of [the Covid era relief funding] ended up looking like deficits a few years later when that short term money ran out.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 01:28-28:34
“I like to make sure that we fund things with a revenue stream we know we can count on, not just this year, but next year.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 02:26-02:33
“We've increased investments every year.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 04:00-04:04
“The three years, five years before I got here, they held not for profits, flat muni aid and education and you know, we've been able to…”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 04:03-04:12
“At least the roads and bridges are paid for by the gas tax.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 06:04-06:08
“The transportation fund was running on fumes seven years ago.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 06:18-06:24
“We still are in very good shape, Mike, but not as good as we were before because that infrastructure bill is billions of dollars.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 06:27-06:35
“We're working hard to extend that agreement for nuclear power, which goes till 2029, for another 10 or even 15 years.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 08:28-08:36
“Williams is the main pipeline company.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 10:38-10:41
“Legislature back, I think was 2017 said ECS education cost sharing. Let's have an eight-year plan for it.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 16:23-16:33
“We increase funding every year under that ECS formula.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 16:36-16:40
“I've called for the commission.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 16:44-16:46
“Maybe the state should pick up special ed, because that's a big hit for especially even our small towns.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 16:55-17:02
“Connecticut has the best police force around, great state police, very low crime rate.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 20:15-20:21
“I don't need ICE going into our Schools or hospitals or courthouses.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 20:22-20:27
“The police accountability bill is generally showing that our cops are doing the right thing.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 21:04-21:13
“We're going to provide [police officers] mortgage support and lower their interest rate.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 21:48-22:08
“The price of housing is going down [in the rest of the country]. That's not true in Connecticut.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 23:30-23:35
“For the first time in a long time, our cities are growing.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 23:38-23:42
“I can do as a governor is make it a little easier for people to be able to afford to own their first home in the state.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 24:03-24:10
“I'll give you relief against 830G.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 24:49-24:52
“We take [corruption] seriously. And I wish they felt half as strongly about the Qataris giving the president a jet airplane or $500 million…”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 26:33-26:42
“We had a terrible reputation going back 20 years ago under a governor and a treasurer and mayors that really hurt our state.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 26:44-26:53
“I am a little squishy with these earmarks coming out of the legislature as well, and I like things to go through a normal hearing process.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 27:22-27:31
“The federal government did throw a hell of a lot of money at the states going back during COVID.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 27:41-27:46
“Most of [the Covid era relief funding] went directly to cities.”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 28:14-28:16
“We'll do something with no deductibles, no co pays. It'll save you a lot of money if you go to a network of lower priced, high value…”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 29:26-29:36
“UConn Health will be at the heart of [the proposed network of lower priced, high value hospitals].”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 29:35-29:38
“It's not state run. We're not great at being an insurance company, but we can work with, put together this network, get the state employees…”
Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike | Uploaded February 20, 2026 | 29:45-29:58