"A Billion Dollars Isn't Going To Get Us Through Much Of A Downturn." Perry On Maine's Rainy Day Fund
transcript
show notes
🎙️ Q-Point Podcast | Joe Perry
"A Billion Dollars Isn't Going To Get Us Through Much Of A Downturn."
— Perry On Maine's Rainy Day Fund
Maine State Treasurer Joe Perry returns to Q-Point Podcast for a wide-ranging conversation on the state's financial outlook, transportation funding, and the growing pressure facing Maine taxpayers. Perry discusses the state's $400 million transportation funding challenge, Maine's bonding capacity, the billion-dollar Rainy Day Fund, and why he believes it may not be sufficient during a significant economic downturn. The conversation also explores state budget growth, property taxes, and the financial realities shaping future policy decisions.
Perry also explains how the Treasurer's Office manages Maine's investments, generating approximately $150 million in interest last year, and highlights the return of more than $10.5 million in unclaimed property to 35,000 Mainers. The discussion concludes with Paid Family Medical Leave, Maine's political landscape, and the fiscal priorities that could shape the state's future.
📻 Airs weekends on The Voice of Maine and WLOB Portland.
⬇️ 🎧 Stream On: QPointPodcast.com | Apple Podcasts | Spotify | iHeartRadio | Amazon Music | YouTube Music
This episode was pre-recorded, produced, and sponsored by Corenna Quirk, Broker at NextHome Experience.
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