Venture Capitalist Jeff McCormick Launches Independent Campaign For Governor

February 4, 2014 10:30 PM
Venture Capitalist Jeff McCormick Launches Independent Campaign For Governor
" BOSTON (AP) — Jeff McCormick, a venture capitalist from Boston, officially launched his campaign for governor as an independent on Tuesday, pledging to put problem-solving ahead of politics.

McCormick, who founded Saturn Partners in 1993, outlined a plan to use tax incentives to promote job creation. He also said he would work to cut waste and streamline the state bureaucracy.

McCormick filed papers with the state Office of Campaign and Political Finance last fall. He loaned $150,000 to his campaign last year and finished with a year-end balance of about $45,000, according to records.

More than 50 percent of registered voters in Massachusetts are not affiliated with either major political party, but independent candidates have typically struggled to gain a foothold in the state.

McCormick said on his campaign website that he was encouraged to run as an independent by U.S. Sen. Angus King of Maine, who had previously been elected governor of that state as an independent.

“He summed up why it’s a good idea to run as an independent because people are fed up with the gridlock and finger-pointing,” said McCormick "

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