Discussion with State Treasurer Tim Cahill

[0:00]" Joining us now is state treasurer Tim -- hill who is also a candidate for governor in Massachusetts thanks for being on WBZ. -- Why we have a lot to talk about at him let let's start with this the land in the debate over gambling you're not too happy about that."

[0:18]" What you know -- initiated its gonna take some time. But we need revenue. Without a borrowed 250. Million dollars so far this year and after the first three months and the longer we delay the less likely this is and revenues from gaming can be added to the budget so I'm a little frustrated more than angry at. Think it's it's not a delay that -- and we complete."

[0:43]" Do you blame for the delay."

[0:45]" I am I. I did it sound like three of the leaders and begin to tell the governor speaker and senate president of all got together instead we just don't have time to do and being an economic crisis that we I don't know why we wouldn't have time we had time to. Appoint a senator. Very very quickly and down with the -- from the saying this is important in terms of revenue. In as the Senate president says it's it's inevitable why are we working on it right now it's a little frustrating -- given the financial circumstances that. This solution one of the solutions would have a lot of jobs in bring in revenue to the state which is -- push it off -- sometime next year."

[1:25]" Okay about power -- is that I guess it's finally coming after suffering a loss now it's coming. Is academic a big difference in terms of increasing these revenues and are you excited about powerball."

[1:38]" We're very excited if they won't -- huge difference but every little bit helps we think better over full year. We might bring in anywhere between 25 and forty million dollars more. We're cities and towns so that's not insignificant. And the fact that will now have powerball here in Massachusetts means that people won't have to go over the border to. Apply when the big jackpot and we lose business when that -- so I think it's a win win the city and are in it will help the small businesses that sell our products when there are big jackpot so we have very very excited. That the states around that's specifically and and those in other parts of the country decided to a -- George."

[2:18]" All right when does that start -- as the game began here in Massachusetts and went to restart collecting the money."

[2:23]" Well we're not sure about -- and it's it's complicated. Because you've got 33 states should have it now eleven new ones that were coming and plus will be offering them big buildings as well spoke at the very earliest it could start sometime in early next year. But that is -- the earliest I don't think we'll see a whole lot of revenue in this fiscal year but I do believe we're will be overcome on the rotten for next fiscal year deficit. To."

[3:58]" Well it in fairness he doesn't actually name new but it's we can -- that you're you're one of them since Iran and and I'm just wondering gee do you feel that you are too much of an insider you have an in state government now for years you've been around the town you know things inside and out our argument inside."

[4:15]" Absolutely up so people this I doubt it means having left democratic part being only. Rates I would argue that debt certainly. To struggle to insider. He wanted me."

[4:27]" Somebody -- Q can you repeat that because it was a good comment. All right are you an insider."

[4:32]" I don't think so I mean I'm the only person that has left the party Charlie -- running around it would Republican. Represented as having finally -- the governor was raising money from party insiders. When the president come next next weakened and I in the independent race so I think people will be able to -- Distinction. But I don't think it really matters people want results in if you -- what the people want to know what you think you have to be able to do to get things done. To solve -- economic crisis then that -- people really care about."

[5:03]" I have a quote here from Steve Crawford he says Tim Kay hill is raised hundreds of thousands of dollars from the financial services industry that is the conduct of insiders."

[5:14]" Again the governor is about to raise two million dollars from party insiders next -- so it's. But Carl pedal the cattle call on the part black. For the governor to make these accusations that -- we have to raise money like everyone else and as an independent it could be much more difficult because I cannot rely on the inside as it either party. To you the -- informed so. I don't think it's a real issue as far as I'm concerned that the governor wants to run in the 2006 election over again I think you'll be so disappointed in the outcome."