State Treasurer David McRae has launched the 2022 College Savings Mississippi Art Contest. All PreK-12 students are eligible to enter. Contest winners will receive a scholarship worth up to $500 in the form of a Mississippi Affordable College Savings (MACS) account. “Art is about seeing the ordinary from a new perspective,” said Treasurer McRae. “That skill set is the same … Read More
McRae: Balancing America’s Budget
America’s national debt recently surpassed $29 trillion, and it shows no sign of slowing down. Washington, D.C.’s lack of fiscal discipline is jeopardizing America’s financial independence for generations to come. And what’s most alarming to me is that those in leadership now are creating socialist entitlement programs that could lead to an inescapable national deficit – one even the strongest … Read More
McRae: How Your Treasury Gave $40 Million Back to Mississippi
We all know the feeling when you dig out a winter coat and find a $20 bill forgotten in the pocket. At your State Treasury, it’s our job to help Mississippians dig through life’s pockets to find money you have long forgotten (or perhaps, were unaware you were even entitled to). There’s a lot of money to be found too. … Read More
David McRae Calls Out Ben & Jerry’s Parent Company for Inaction on Discriminatory Boycott of Israel
Mississippi Treasurer David McRae today joined six other state financial officers in calling on Unilever, the parent company of Ben & Jerry’s, to reverse the ice cream manufacturer’s recent discriminatory boycott of Israel. “Ben & Jerry’s decision to boycott Israel was motivated by a misdirected ‘woke’ agenda,” said Treasurer McRae. “I take the discriminatory economic attack on Israel seriously, as … Read More
Governor Reeves Appoints David McRae to Compact for a Balanced Budget Commission
Mississippi Governor Tate Reeves has appointed State Treasurer David McRae to the Compact for a Balanced Budget Commission. As a member of the Commission, McRae will help promote a state-of-the-art federal Balanced Budget Amendment. “With President Biden and congressional Democrats expanding the size, scope, and cost of the federal government at an alarming rate, there has never been a more … Read More
Treasurer McRae Returns $40 Million in Unclaimed Money
State Treasurer David McRae today announced he has returned more than $40 million in unclaimed property to Mississippi since taking office in January 2020. This marks the Treasurer’s second record-breaking year in a row. “When we return unclaimed money, we are stimulating the state’s economy without increasing the burden on taxpayers. It’s a win-win,” said McRae. “Over the last year, … Read More
Seven Students Score Scholarships from State Treasury during MHSAA Football Championships
The Mississippi Treasury awarded seven high schoolers $3,500 worth of scholarship money during this weekend’s MHSAA Football Championships. Each student took home a $500 scholarship in the form of a Mississippi Affordable College Savings (MACS) account. “Students with a college savings account are four times more likely to go to college than their counterparts without,” said State Treasurer David McRae. … Read More
McRae: The Gift that Keeps Giving
My kids’ Christmas lists have been building for months now. William wants Hot Wheels; Henry, popits; Madeleine, an iPad. Of course, their lists keep getting longer (and more expensive) every time we ask. Like most parents, we like Santa to spoil them at least a little each Christmas, but the truth is my kids (like most) have plenty of toys. … Read More
McRae: Unity in Gratitude
We have a tradition in our family, one yours may very well share. After Thanksgiving dinner, we circle the table and list one thing we’re grateful for. Regardless of where we are or how difficult a year it was, everyone can seem to muster up a small list of items for which they’re thankful. After the challenges of 2020, I … Read More
State Strikes Refinancing Deal, Saves Taxpayers $53.3 Million
New deal adds to previous refinancing wins, bringing total taxpayer savings to nearly $100 million since McRae became Treasurer Treasurer David McRae today released the following statement on a bond refinancing deal that he and state leaders struck to save taxpayers more than $53.3 million: “Mississippians should truly be proud of the sound state our finances are in. That is … Read More