Timothy P. Cahill
Encyclopedia
Timothy P. Cahill is a former Massachusetts Treasurer and Receiver-General and was an independent
candidate in the 2010 Massachusetts Gubernatorial Election
.
In 1996, Cahill was elected as Norfolk County Treasurer. He served as county Treasurer until 2002, when he began his campaign for State Treasurer. In the 2002 Democratic Primary, Cahill won a four-way race that included a candidate who shared his last name, Michael P. Cahill
, and was elected State Treasurer.
During Cahill's tenure as Treasurer, the Massachusetts Lottery raised $7.2 billion. Much of that money went to cities and towns in the form of local aid.
On July 7, 2009, The Boston Globe reported that Cahill was planning to leave the Democratic Party. On September 9, 2009, Cahill announced that he would run in the 2010 Massachusetts Gubernatorial Election
as an independent.
in 2004(MSBA). He worked with Governor Mitt Romney
and the legislature to pass that legislation.
Prior to the reform, Governor Romney said the agency could be "the next Big Dig," but since Cahill took control is has received high praise from members of both parties for its fiscal management and effectiveness.
As of April 24, 2010, Massachusetts Lottery
FY10 sales are about $3.636 billion while FY09 sales during same period were $3.645 billion, a dropoff of 0.25 percent from year to year. The state's lottery will post record profits this year - $903 million - while lottery sales stayed even. Cities and towns expect to receive an extra $44 million from lottery revenue. Cahill has argued that the increased revenues are the product of spending cuts and new games. Since taking office in 2003, the Lottery has returned $7.3 billion in Local Aid to cities and towns.
(D) and former Harvard Pilgrim Healthcare CEO Charles Baker
(R).
Some pre-election polls showed that Cahill would draw votes from both Patrick and Baker equally, signifying his moderate and centrist position in the race. A Boston Globe
poll published September 26, 2010, showed Cahill drawing more votes from Patrick than Baker.
On October 1, 2010, Loscocco announced he was withdrawing from the race for Lt. Governor and was endorsing Baker, although it was too late to remove his name from the ballot as Cahill's running mate. Speculation immediately began over Loscocco's motives and the role of the Baker camp in the decision (Baker joined Loscocco for the announcement). Evidence has come out that Loscocco colluded with former Cahill Republican staffers to orchestrate his abandonment and e-mails exchanged between Loscocco's top advisor. On the basis of those e-mails, Cahill filed a lawsuit against his former staffers to prevent them from sharing proprietary information with the Baker campaign.
Cahill received 8% of the vote on the November 2, 2010 general election.
Independent (politician)
In politics, an independent or non-party politician is an individual not affiliated to any political party. Independents may hold a centrist viewpoint between those of major political parties, a viewpoint more extreme than any major party, or they may have a viewpoint based on issues that they do...
candidate in the 2010 Massachusetts Gubernatorial Election
Massachusetts gubernatorial election, 2010
The Massachusetts gubernatorial election of 2010 was held on November 2, 2010. Incumbent Democratic Governor Deval Patrick was re-elected to a second term. Also competing were the Republican Party nominee, businessman Charlie Baker; independent candidate and State Treasurer Tim Cahill; and...
.
Early political career
In 1987, Cahill was elected to the Quincy City Council, where he served until 2003. He was reelected seven times and served as the chair of the finance committee.In 1996, Cahill was elected as Norfolk County Treasurer. He served as county Treasurer until 2002, when he began his campaign for State Treasurer. In the 2002 Democratic Primary, Cahill won a four-way race that included a candidate who shared his last name, Michael P. Cahill
Michael P. Cahill
Michael P. Cahill is an American politician who represented the 6th Essex district in the Massachusetts House of Representatives from 1993–2003. He was a candidate for Treasurer and Receiver-General of Massachusetts in 2002, finishing fourth in the Democratic primary.-References:...
, and was elected State Treasurer.
During Cahill's tenure as Treasurer, the Massachusetts Lottery raised $7.2 billion. Much of that money went to cities and towns in the form of local aid.
On July 7, 2009, The Boston Globe reported that Cahill was planning to leave the Democratic Party. On September 9, 2009, Cahill announced that he would run in the 2010 Massachusetts Gubernatorial Election
Massachusetts gubernatorial election, 2010
The Massachusetts gubernatorial election of 2010 was held on November 2, 2010. Incumbent Democratic Governor Deval Patrick was re-elected to a second term. Also competing were the Republican Party nominee, businessman Charlie Baker; independent candidate and State Treasurer Tim Cahill; and...
as an independent.
Massachusetts School Building Authority
Cahill is Chairman of the seven-member Board of Directors. He filed the legislation to reform the Massachusetts School Building AuthorityMassachusetts School Building Authority
For over a year, various departments of the Massachusetts Treasurer's office worked diligently with the state legislature to craft and pass a responsible reform plan for the school building assistance program in Massachusetts...
in 2004(MSBA). He worked with Governor Mitt Romney
Mitt Romney
Willard Mitt Romney is an American businessman and politician. He was the 70th Governor of Massachusetts from 2003 to 2007 and is a candidate for the 2012 Republican Party presidential nomination.The son of George W...
and the legislature to pass that legislation.
Prior to the reform, Governor Romney said the agency could be "the next Big Dig," but since Cahill took control is has received high praise from members of both parties for its fiscal management and effectiveness.
Pension Reserves Investment Management Board
Cahill is Chairman of the nine-member Pension Reserves Investment Management (PRIM) Board, which is charged with the general supervision of the Pension Reserves Investment Trust Fund.The Massachusetts Lottery
Cahill is Chairman of the five-member Lottery Commission, which was established by the Legislature in 1971 to provide local aid to Massachusetts cities and towns, as well as the state Arts Council and the Massachusetts Cultural Council.As of April 24, 2010, Massachusetts Lottery
Massachusetts Lottery
The Massachusetts Lottery was established in 1971, following the legalization of gambling by the Massachusetts General Court, the legislature of the Commonwealth...
FY10 sales are about $3.636 billion while FY09 sales during same period were $3.645 billion, a dropoff of 0.25 percent from year to year. The state's lottery will post record profits this year - $903 million - while lottery sales stayed even. Cities and towns expect to receive an extra $44 million from lottery revenue. Cahill has argued that the increased revenues are the product of spending cuts and new games. Since taking office in 2003, the Lottery has returned $7.3 billion in Local Aid to cities and towns.
RomneyCare
Cahill is a vocal critic of RomneyCare, the state government healthcare system of Massachusetts. In an op-ed for the Wall Street Journal, Cahill called RomneyCare "a fiscal train wreck" that has "blown a hole in the Commonwealth's budget." While projected to cost the taxpayers only $88 million in 2006, the actual cost of the Bay State's healthcare system was over $4 billion.2010 Campaign for Governor
Cahill ran as an independent for the office of Governor of Massachusetts with former State Representative Paul Loscocco (R) as his running mate. He ran against incumbent Governor Deval PatrickDeval Patrick
Deval Laurdine Patrick is the 71st and current Governor of Massachusetts. A member of the Democratic Party, Patrick served as an Assistant United States Attorney General under President Bill Clinton...
(D) and former Harvard Pilgrim Healthcare CEO Charles Baker
Charles D. Baker, Jr.
Charles Duane "Charlie" Baker, Jr. , is an American businessman and politician from Massachusetts. He was a cabinet official under two Massachusetts governors, spent ten years as CEO of Harvard Pilgrim Health Care, and was the Republican candidate in the 2010 Massachusetts gubernatorial...
(R).
Some pre-election polls showed that Cahill would draw votes from both Patrick and Baker equally, signifying his moderate and centrist position in the race. A Boston Globe
The Boston Globe
The Boston Globe is an American daily newspaper based in Boston, Massachusetts. The Boston Globe has been owned by The New York Times Company since 1993...
poll published September 26, 2010, showed Cahill drawing more votes from Patrick than Baker.
On October 1, 2010, Loscocco announced he was withdrawing from the race for Lt. Governor and was endorsing Baker, although it was too late to remove his name from the ballot as Cahill's running mate. Speculation immediately began over Loscocco's motives and the role of the Baker camp in the decision (Baker joined Loscocco for the announcement). Evidence has come out that Loscocco colluded with former Cahill Republican staffers to orchestrate his abandonment and e-mails exchanged between Loscocco's top advisor. On the basis of those e-mails, Cahill filed a lawsuit against his former staffers to prevent them from sharing proprietary information with the Baker campaign.
Cahill received 8% of the vote on the November 2, 2010 general election.
External links
- Massachusetts Department of State Treasurer, Timothy Cahill, State Treasurer site
- Tim for Governor, Gubernatorial campaign site
- Tim Cahill for Massachusetts Treasurer and Receiver-General, Treasurer campaign site
- Follow the Money - Timothy P. Cahill 2006 campaign contributions
- Project Vote Smart - Timothy P. Cahill (MA) profile