On the Issues - Overview
Today, too many of our neighbors are fearful about their jobs, their homes, their savings and their children's future. They want leaders who care about them and who will work effectively to make their lives better and more secure.
Steve Grossman will bring these leadership qualities to the office of State Treasurer. As a businessman, prominent leader in civic and charitable life, and political activist, Steve has demonstrated that the way to lead is to take the time to listen. He believes it’s important to hear all sides, avoid rigid dogma, and implement common sense solutions that cut across partisan and philosophical lines. We need Steve’s skills and dedication to ensure that the Treasurer, as the Commonwealth’s chief financial officer, effectively manages the public’s money. Your money.
He will pursue policies that will put Massachusetts back on the road to financial stability:
Economic Development: The Top Priority for Massachusetts
Steve Grossman believes that economic development and job growth are the highest priorities for Massachusetts’s officials as we deal with the worst recession since the Great Depression.
Financial Education and Empowerment
As Treasurer, Steve Grossman will aggressively use the resources of the office to help Bay State residents gain more control over their financial lives. The core function of the treasurer’s office is management of the public’s money. The public pays for this expertise – and is entitled to share it.
‘Say on Pay’ and Corporate Governance
Corporate greed has become rampant in recent years with the average CEO being paid 500 times the salary of the average worker. Steve will ensure that Massachusetts uses pending federal legislation that calls for stockholders to vote on corporate compensation.
Investing in Massachusetts’s Future
Steve knows from personal experience what it takes to keep a company going in tough economic times – and he knows that for emerging companies the challenge is even greater. Massachusetts has suffered in recent years from growing companies having to sell to out-of-state interests prematurely, and while adhering to principles of responsible investing, Steve will look for ways to ensure that Massachusetts’s money is invested in Massachusetts’s growth industries.
Local Aid & Expanded Gaming
Gaming is not a cure-all but we cannot afford to let more than $1 billion in revenues and thousands of good-paying jobs escape each year to neighboring states. The State Lottery provided more than $800 million in aid to Massachusetts’ 351 cities and towns last year. It is crucial that the Treasurer has a prominent role in implementing any expansion of gaming. He will work to ensure that if there are changes in the gambling laws, cities and towns continue to receive this critical local aid and that the state is not stuck with the liabilities of any failed gaming operation.
Fiscal Watchdog
Steve Grossman believes the Treasurer needs to play an aggressive role as the Commonwealth’s chief financial officer – using his oversight of state spending and borrowing to keep careful tabs on the public’s money. And as chairman of the Massachusetts State Board of Retirement, Steve will make sure that the major reforms of the state pension system adopted in 2009 are implemented.
Responsible Investment Strategy
As a successful businessman who has led his company through good times and bad, Steve Grossman understands that prudent investment policy - especially for pension monies - must focus on strategies that provide long-term stability rather than short-term gain.
Transparency and Accountability
As president of his company, Steve Grossman is accountable every day for his decisions. He will run the public's business the same way, proactively ensuring that public disclosure is a way of life in the Treasurer's office.





















