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Ned Lamont: “Our streaky capital gains revenue is very strong for this…”

Featuring: Ned Lamont, Democratic | Governor of Connecticut

2026 State of the State Address

Published February 4, 2026 | Video Starts at 09:26

Well, thanks largely to seven very volatile AI artificial intelligence stocks, the so called magnificent seven, Our streaky capital gains revenue is very strong for this year. That said, I propose sending each and every one of you an energy rebate. $200 per person or $400 for a family to help you and your family manage through these tough times. (09:26–09:31)

CLAIM

Asserts that capital gains revenue is strong this year.

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

“Also paying down over $10 billion in pension debt.”
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“Our funds go from 35% funded to almost 65% funded.”
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“The Connecticut economy is strong for now. We have faster economic growth, fourth highest in the country in the last quarter.”
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“The minimum wage, which today is almost $17 an hour, up from about $10 an hour when we took office.”
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“That Millstone contract is returning over $100 million to the ratepayers this year.”
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“Unlike many other states which are facing federal cuts or a deficit of their own, Connecticut is stepping up to protect our most vulnerable.”
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“We were among the very first states to backstop food support for working families.”
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“The federal budget could have increased your family's health insurance costs by thousands of dollars, hitting many, many middle class…”
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“We saved you money and ensured that Connecticut has more citizens with health insurance today while the rest of the country has less.”
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“We continue to provide primary care regardless of background, thanks to additional funding for our federally qualified health centers and…”
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“Resources [for municipal aid and pilot programs] have doubled over the last seven years.”
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“We still have over $300 million to backfill any other unanticipated cuts coming from Washington.”
2026 State of the State Address | Uploaded February 4, 2026 | 05:09-05:17
“Here at Connecticut, working together, we have delivered over seven balanced budgets in a row on time.”
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“Our investment returns are much higher than the national average.”
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“We have more new business startups, lower unemployment than most of the nation.”
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“Our 2027 budget to increase investments in education and not for profits. And housing, not to mention the emergency reserve.”
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“The middle class received a $400 million income tax cut.”
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“We're well on our way to making universal early childhood education a reality for all of our families here in Connecticut.”
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“Our budget provides for free school breakfast for all of our students.”
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“Connecticut has one of the best school systems in the country.”
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“We have 207 school districts.”
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“Our housing market is very tight.”
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“Your home is worth, say, 40% more than it was just five years ago.”
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“We're building more housing in Connecticut than ever, mostly in our larger towns and cities.”
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“New London has added more new homes in the last five years than the last 15 years.”
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“Zillow just announced that Hartford is one of the hottest housing markets in the United States of America.”
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“Our electricity prices have been some of the highest in the country over the last generation or two.”
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“We extended our Millstone nuclear agreement and said let's slow down those new data centers unless they add generation as well.”
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“Ratepayers are no longer paying for Eversource's charitable or contributions, legal advertising, lobbying expenses.”
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“We're adding supply with Quebec Hydro and Revolution Wind ready to turn on very, very soon.”
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“Reforms from the White House include increasing insurance premiums on the exchange and cutting Medicaid.”
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“Sean saved our plan $15 million this year and hopefully $50 million a year by year three, all with the same or better outcomes.”
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