Politics

Heidi Cruz brings husband’s message to Bay State supporters

Heidi Cruz brings husband’s message to Bay State supporters

Evan Lips

ANDOVER — While her husband campaigned in Iowa, Heidi Cruz spent parts of Friday about 1,350 miles to the east, holding a meet-and-greet at the home of one of the Texas Republican Ted Cruz's biggest fans, state Rep. James Lyons.

Cruz, a Senator from Texas, may be the presidential candidate, but his wife, Heidi, is the one in the family with the big-bucks job. A banker, she took a leave from her Goldman Sachs post as managing director of its wealth management unit in the Houston office to help her husband's campaign. The unit of the giant Wall Street bank reportedly handles clients with $40 million investment portfolios. A managing director at Goldman, which has several thousand employees at that level, typically makes around $400,000 to almost $600,000 annually, according to several websites that survey workers.

Baker cuts $50 million to start filling budget gap
Massachusetts

Baker cuts $50 million to start filling budget gap

State House News Service

BOSTON – Gov. Charlie Baker on Friday slashed nearly $50 million from the state budget to partially close what his administration identified as a $320 million gap between projected spending and revenues through end of the fiscal year.

The emergency budget cuts, which come at the half-way point in the fiscal year, hit a variety of agencies and departments, with one of the largest reductions being a $10 million cut at MassHealth for fee-for service payments. The MassHealth cut also means the state will forfeit about $5 million in federal reimbursements associated with those payments.

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