he seems pretty eager to criticize Governor Patrick and the legislature right now….almost as if he’s up on a high horse. If he’s in charge of the state’s debt and pension funds, shouldn’t he be concerned about these losses and protecting the funds from further losses in the uncertain economy given that it may take years to earn back the $8B? http://www.boston.com/news/loc…
Maybe a “we’re all in this together to sure up the state’s finances” attitude would make sense from our public officials?
According to State House News-
“…Treasurer Timothy Cahill said Tuesday that Patrick is not moving swiftly enough to rein in spending.
“I’d like to see him move quicker,” Cahill said in response to a question about whether the governor’s spending curbs had been sufficient. “Whether it’s enough, I don’t know. I don’t know what the revenue numbers ultimately will be.
…Asked by the reporter whether the economic climate had provided him a platform to elevate his profile, Cahill replied, “I’m only reacting to what I’m dealing with in the market, and specifically because my job is cash and debt, and that’s where the problems are now. I would like to see both the governor and the Legislature slow spending down…”