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Monday, May 2, 2016

State Treasurer running again

Wednesday, October 13, 2010

(Photo)
Richard Mourdock
Prior to becoming State Treasurer, Richard Mourdock had a successful 30-year career as a business executive in Indiana's environmental, energy and construction industries.

His goal in running for public office was to bring this private sector management experience to state government.

During his first four years as State Treasurer, he has made good on that promise by bringing greater efficiency to the office.

Mourdock has reduced staff and returned an average of 10 percent of his office budget to the Treasury each year he has been in office. He refused to accept the automatic pay raise passed by the General Assembly. At the same time, his office has managed to earn over $1 billion in investment earnings for Hoosier taxpayers since taking office in 2007. He has done this by safely and wisely investing state funds, always mindful that every dollar earned for Hoosiers in investment income is one less dollar that state government will require in taxes.

Mourdock also feels strongly that we must increase the level of education in Indiana's workforce to remain competitive in a global economy. As Chairman of the Indiana Education Savings Authority, Mourdock oversees Indiana's CollegeChoice 529 College Savings Plan.

After improving and re-launching the Plan in 2008, the number of Hoosiers saving for college jumped from 23,000 to 125,000. Indiana's 529 Plan is now rated one of the top five in the nation by Morningstar.

Mourdock also supports Indiana's $1,000 tax credit for college savings.

Mourdock is always looking for ways to make state government more efficient. He opposes the sort of wasteful spending that is occurring in Washington, D.C., and is the only candidate for State Treasurer that does not support tax increases and bailouts of big corporations with taxpayer dollars.