Missouri State Treasurer (and republican gubernatorial candidate) Sarah Steelman addressed the participants attending Missouri Boys State in Hendricks Hall on the campus of the University of Central Missouri on Tuesday evening. Her prepared remarks took a little over twelve minutes. She then took questions from the audience for approximately a half hour.
…Question: last night Congressman Hulshof expressed to my surprise that he would protect embryonic stem cell research in the State of Missouri. I was wondering if you become governor would you protect embryonic stem cell research or would you work to repeal what Amendement 2 put in place?
Sarah Steelman: I do not support embryonic stem cell research. [applause] [audience: shouts, booing] [garbled] I did not support Amendment 2 and I would work to repeal it, it’s, it’s not a good piece of legislation to have in our constitution and it prevents us from doing any kind of stem cell research because every time you get money you have to do both, embryonic and, and adult or other stem cell research that may not have anything to do with embryonic stem, stem cell research. [applause]
Question:…As school keeps going on, our high school dropouts increase, the rate is increasing. What are you going to do about that?
Sarah Steelman: How am I going to decrease the high school dropout rate? Is that what you? Question? [crosstalk]
Question: Yes, that’s my question.
Sarah Steelman: You know, I actually do have some ideas about that. I think, you know one of my responsibilities that I talked about in my speech was overseeing the college saving plan. And, you know, one day my youngest son actually said to me, because I talk about this plan all the time, about saving for college, he said, “Hey,” and he called me “mommy” then, it’s been a couple years ago, he’s now thirteen he doesn’t call me “mommy” anymore. [audience: “Ohh.”] He said, “Hey.” He said, “Will I have a college savings plan, did you make, did you have one for me?” And I said, “Well yes, of course.” And you know what was important to him? That I believed in him. That I would put any money whatsoever away, he didn’t care how much it was, but just knew that I believed in him. And I actually thought that the thing, that, that principle should apply to everybody out there. Because I think that every child in the state should have the opportunity to go to college. So what I’m gonna do is take that kind of idea, and particularly in areas that have high dropout rates, and this is a long term solution to this problem, but get families more involved in their kid’s education. Get ’em saving for their kid’s college education which is telling those kids, “Hey, I believe in you and I think you’re gonna stay in school and graduate from high school and can go to college.” In Chicago a philanthropist up there, and you all may have read about this at some time, but it’s been several years ago. He went into the inner city in Chicago and said, this, this was a school that had one of the worst dropout rates, and he said, “I will pay for your college education if you all stay in school, make, make, certain grades, and attend school. You know, you have to do these three things. And I’ll pay for your college education.” Well, he turned that school completely around, I mean they had dropout rates that were below fifty per cent. And made it, it was, it was horrible. He flipped it around [garbled] ninety per cent, rate of graduation and kids going on to college. because he believed they could do it. So that’s one thing. I also think we should eliminate the MAP test in high school. [applause] [cheers] I didn’t finish my sentence [garbled]. I think we eliminate the MAP test in the high school and replace it with the ACT [audience: “No.”] Because that’s the test. That’s the test that has meaning to you guys who are going on to college. Ah, if you increase your score you actually get more financial aid, so you’re gonna have a better chance of paying for college, so it’s a win win kind of situation [applause] [cheers]
Question:…Last night Kenny Hulshof was asked about his views on health care for Missourians. So, I don’t, I couldn’t really follow his answer and I don’t actually know what he felt about it. [laughter] My question for you is, will you pledge tonight, to all of us at Missouri Boys State, your commitment to getting quality affordable health care for everyone in Missouri? [applause]
Sarah Steelman: Yeah. I’ll pledge that. I want that. I want every Missourian to have quality health care. [applause]
Question: …In your introduction and in your speech you talked about the things that you’ve done to stop foreign investments from funding terrorism and I believe the program you’re involved with is called the divest terror program, correct? Is that correct?
Sarah Steelman: That’s what the action is taking.
Question: Okay. And I was just curious about, specifically, how that program works and what you’ve done to support it, and what exactly it does to stop our investments and money from going to support terrorism?
Sarah Steelman: Well, we do a couple of things in the Treasurer’s office. We created a terror free fund with a pool of money that actually is a part separate from general revenue, because general revenue can’t be invested in stocks. This, this was the different fund that I had that I’m responsible for. And we, what we do is we screen that fund to identify companies that have a financial relationship with governments that are state sponsors of terrorism by our government which includes North Korea, Iran, Sudan, and Syria. And so if that financial relationship exists between that government and let’s say [a foreign bank] then we know that that’s taxpayer money in that bank, so that’s, a, that stock never gets sent to the fund. And then the other thing we did was in the pension fund. We actually screened the investments and identified, under that same kind of criteria, those companies and then they’d come up for a divestment vote on the board I sit on. And sometimes they’re removed and sometimes they’re not. I always, I always try to remove them. Those meetings are actually held in closed session against my objections because I think it should be done in public, but that’s the way that the screening mechanism works. Is, that’s the parameters we use. [applause]
Question: …I asked Attorney General Nixon this same question [shouts] It seemed to cause him a little bit of irritation, so [laughter], I just [garbled] like to ask you the same question. I come from an average middle class family and my parents have shown and explained to me how we have prospered under the Bush and Blunt tax cuts compar
atively to the Clinton and Bob Holden tax cuts. My question is, would you support changing the current tax system or cuts the way they are now?
Sarah Steelman: Yes. here’s what I would support, because I have a proposal, to actually reduce taxes further. [applause] [cheers] My proposal. My proposal, I am proposing, one of the things I’m proposing is to increase the personal exemption and that, and the personal, of the child dependency, excuse me, that everybody pays so it’s across the board and it effects every Missouri family the same. Those exemptions haven’t been raised since 1999. So I’m proposing to raise both of those which means you’re gonna pay less in taxes. So actually I support the, the Blunt tax cuts, but I would go further in, in with my proposal because I think we need more tax relief. [applause]
Question: …What does separation of church and state mean to you? [audience: “Whoa.”] [applause}
Sarah Steelman: [crosstalk] What it means that, I believe that government can’t dictate what church you go to. [applause] [crosstalk]
Question:: Hey there.
Sarah Steelman: Hey there.
Question: …I have a different sort of question for you. [audience: “Whoa.”] Who is your favorite musical band or artist? [applause]…excluding the Beatles, Johnny Cash, and Tupac. [laughter]
Sarah Steelman: Dave Matthews. [applause] [laughter]
Question: …Since there are so many jobs going overseas right now what policies are you going to try to put into the House to try and bring those jobs back home [garbled] we can get more jobs, we can stop this, not, jobless sector that’s coming about?
Sarah Steelman: Well, that’s an economic development question, really in my view, for Missouri and I think some of our policies in Missouri, can be improved to really concentrate on, on small business and entrepreneurs who are just starting businesses and, you know, as, as you probably know that small businesses is really the engine that drives the economy. State economy and the American economy, the majority of businesses are small. But in order to keep that engine going we’ve got to have more entrepreneurial spirit, and and jobs created at that level. One of the problems that I hear over and over again when I’m, as State Treasurer and while I’m campaigning, is that they can’t, people, businesses have a, small business and new businesses have trouble getting the capital they need for their, for their business. And so I think the state can come in and do some tax credits for venture capital, for, for other kinds of capital that smaller businesses could access to get started, until they get to that point they’re make, they’re on their own and can go to a bank. This is like a gap financing [garbled]. Because when you get out you’ll find that is really hard to do that, to get going. But if we can get businesses over the hump then I think we’ll find that our economy is growing more, we’ll be creating more jobs here instead of shipping them abroad and. So that’s one way of addressing that issues. A lot of the policies that you’re, that really dictate what’s happening with that are at your federal level. But as governor I would certainly advocate for Missouri and keeping Missouri jobs here any way we can and when we have, you know Imbed [sp] about to buy Anheuser-Busch. And who knows what’s gonna happen… [booing]…with those jobs. You know they might shut it down and take ’em to Europe. I hope that doesn’t happen. I hope they don’t buy it, I hope they’re not successful in their buyout, but [applause] as governor we have to be a, you know, we have to, I have to advocate for that constantly making sure we keep Missouri jobs here, circumstances like that. [applause]
Question: …With the state of the economy today, the middle class size is shrinking in the State of Missouri, what I maen by that is the poor and lower class rsing at an unimaginable rate and the upper class is staying at its level and shrinking. What do you think could be done in the state to help the middle class recover and flourish?
Sarah Steelman: Well, first of all we could change the economic policies at the federal level, which I think have caused the entire economic crises that we’re having today. [voice: “Yeah.”] And what I’m talking about is the congressional spending habits, overspending, running up huge deficits until the value of the dollar goes down and the price of oil goes sky high, and then all the food prices go up and everything along with it that relies on oil. All of that is tied to the behavior of Congress and the Federal Reserve Board. And so those, those policies have not worked for our economy. We need the, we, the federal government needs to rein in the spending, for one thing [voice: “Yeah.”] because people can’t survive under these conditions. And we have four dollar a gallon gas that could be going to six dollars a gallon and rising food prices. Because that’s taking up more and more and more of that middle class income that you’re talking about. So’s education. So’s health care costs. But these are two costs that are directly driven by the spending habits, overspending habits, of Congress, so I don’t have control over that particular aspect of it, but that’s what, I mean I can recognize what goes on in the economy and that’s a big problem. So we need to figure out, and you guys as voters need to vote for people who are go…, who are not gonna overspend. who are gonna spend within their means, whether it’s at the federal level or the state level, that’s a very important part of government because it does effect entire economy which effects every working Missouri family. [applause]….