October 24, 2017
A Republican state treasurer candidate for 2018 met with fellow GOP members during a fundraising event Monday night in Defiance.
Ohio 82nd House District Rep. Craig Riedel of Defiance also formerly announced his candidacy for a vacant Ohio Senate seat during the event held for his benefit at the Second Story at 210 Clinton St. in downtown Defiance.
Ohio 83 House District Rep. Robert Sprague of Findlay — the only declared Republican candidate presently for the state treasurer’s job in 2018 — also spoke. The incumbent — Republican Josh Mandel — has announced he plans to challenge Democratic Sen. Sherrod Brown for a U.S. Senate seat next year.
“We think we’ve got a great ticket and a great message to talk about how we can improve some financial concepts, people with developmental disabilities working out in the community,” said Sprague — a Duke University graduate, former auditor and treasurer for the city of Findlay, and former Ernst and Young employee — during an interview before speaking to Republicans Monday. “I think we can bring to bear new financial concepts that’s going to help with our heroin treatment — improve our heroin treatment — across the state with innovative financial products. We’ve got a lot of good messages to share.”
Among his plans is trying to strengthen “our national security” by having the state invest in Israel, “our greatest ally on the war on terror.”
And he wants “to try to help young people with some financial literacy when they are in high school so that they don’t make decisions that lead to a crippling amount of student loan debt.”
Of Mandel, Sprague said: “He’s done a great job. We’re going to build on what he’s done with the transparency, the open checkbook … to make it not just the transparent checkbook, but also a smart checkbook.”
The comment refers to the program initiated under Mandel’s watch in which various governments’ financial transactions are placed online.
During a brief speech Monday, Sprague elaborated on his message for managing the heroin crisis, proposing a pilot program for a “social impact bond.” He noted that at present Ohio’s heroin recovery rate is just 11 percent, which “if we were producing steel, we’d be out of business the next day.”
“How do you get out of this epidemic if you can’t get people into recovery, if — in terms of long-term recovery — you can’t get them better?” he asked. “And why are we spending hundreds of millions of dollars on treatment and wasting it on treatment that doesn’t work? One of the things I want to do in the treasurer’s office is bring to bear an interesting financial concept called a social impact bond.”
He explained that “this is where you take the money from the private sector — say like $1 million — and you put up a bond that says we’re going to try a new way to treat heroin addiction in the state of Ohio, and we run a two-year pilot program and at the end of the two-year pilot program we see what the results are. We measure the results, and let’s say they get a 35 percent recovery rate instead of an 11 percent recovery rate. Guess what? The state of Ohio will come in and we’ll buy back that bond … .”
If the program proves successful, “as fiscal conservatives we’re only paying for the treatment that actually works, and if it works better than what we already have we’re saving money in the state, we’re saving money on the Medicaid system, we’re saving money on the criminal justice system, and at the end of the day everybody is a winner because there’s more people in recovery and there’s not as much demand for that evil sinister heroin that they’re bringing into our neighborhoods.”
October 23, 2017
POMEROY — “Unity within our Party and unity within our country” was the focus of Thursday’s Meigs County Republican Bean Dinner, as articulated by keynote speaker State Representative Robert Sprague.
Sprague (Findlay, District 83) spoke on campaign issues during the evening’s activities at Mulberry Community Center, and asked for support for his bid to secure the Republican nomination for Ohio Treasurer in the May primary.
“Public policy and platforms that help the people of Ohio is what I will bring to the Secretary of Treasurer’s Office. I want to use the office to address issues, like the opioid epidemic.”
Sprague has been serving as State Representative since 2011, and advocated public-private partnerships as a way to address the opioid epidemic, saying he would use social impact bonds to find better treatment options.
Impact bonds are a contract with the public sector to explore and develop new treatments. If the results have a positive outcome, the participant receives a return on their investment. If not, the state pays nothing.
“We need innovative ideas to find a solution to this crisis, and I believe social impact bonds are an opportunity to do so.”
Sprague also said Republicans needed to support the President “in the fight against radical Islamic terrorism,” and said the Treasurer’s office could do more to help build relationships with Israel by promoting state investments in that country.
“Israel is our strongest ally in the war on terror and in the Middle East. These investments would strengthen our ally,” he said.
A strong supporter of STABLE Accounts for those with developmental disabilities, if elected he said he would push to keep these accounts.
STABLE Accounts are not included when determining certain federal benefits such as Medicaid. This allows families and individuals with developmental disabilities to save and invest money for items such as housing and education without losing eligibility.
“STABLE Accounts encourage independence for developmentally disabled persons. It encourages them to develop skills and independent living.”
“Let’s ride the Trump wave to victory,” he closed, referring to all Republican candidates running for office in 2018.
Lorna Hart is a freelance writer for The Daily Sentinel.
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The sunny skies and changing leaves have made for some beautiful drives as we’ve traveled across Ohio. In the past month alone we’ve visited more than 20 counties! From Highland to Mahoning, Crawford to Wayne, we’ve been out and about meeting with local leaders and having a blast at GOP events all over our great state.
Thanks to all of our friends who have hosted us in their hometowns. Support for Team Sprague continues to grow and we couldn’t do it without your help!
Spending time at the Allen County Fair with Representative Bob Cupp — Allen was just one of 30 fairs Team Sprague had the pleasure of going to this summer!
A big thank you to the Erie County Women’s Club for hosting Robert at their September meeting. Joanne does a fantastic job with the Women’s Club and we can’t wait to visit again soon!
The Franklin County Republican Party had an impressive turnout at their Slate Dinner.
August and September have been very busy months for Team Sprague! Robert and the rest of the campaign team have been traveling the state attending as many County Fairs and local get-togethers as possible. While working the grill or walking through the barns, we’ve had a lot of fantastic conversations and made many new friends.
Miami, Darke and Mercer Counties sure know how to put on great fairs! Thanks to all the volunteers at the GOP booths for hosting us.
The GOP is strong in Jackson County!
Fantastic turnout at the Northern Wood County Republican Club Cookout
September 21, 2017
Read the full article and watch the “Between the Lines Live” interview here!
SANDUSKY — State Rep. Robert Sprague, R-Findlay, says he wants to use his background in finance to come up with innovative ideas for the state treasurer’s office.
Sprague is seeking the Republican nomination for state treasurer in the May Republican primary. He hopes to replace Josh Mandel, a Republican who is running for the U.S. Senate. The treasurer’s office has attracted one other Republican candidate, Clarence Mingo, who is the Franklin County auditor.
The race also has drawn a Democratic candidate, Rob Richardson, a Cincinnati attorney who has served as chairman of the University of Cincinnati’s board of trustees.
Sprague appeared Wednesday on “Between the Lines Live,” the Register’s public affairs program. The interview is available for on-demand viewing at the Sandusky Register’s website.
Sprague said he would like to bring private funding to bear to help in the effort against the opioid epidemic, which he said has been one of his main issues in the Ohio General Assembly.He said addicts in Ohio have a recovery rate of about 10 percent — defined as staying clean for a year.
It might be useful to encourage organizations trying a new form of treatment to issue social impact bonds to fund the program. If they met a certain goal — say, a 30 percent recovery rate — the state could buy back the bonds with interest, he said.
Sprague, who is married and has five children, said he got interested in the addiction crisis when he was driving back from a piano recital by one of his kids and took a call on his cell phone from a constituent.
The woman explained that her daughter had been in and out of rehab 17 times. The woman said she and her husband had to mortgage their home to pay for treatment.
Sprague said Ohio’s state treasurer has the responsibility of investing a $13 billion cash portfolio.
He said he supports expanding the investment of more of that money into Israeli government bonds. That would help support a key U.S. ally, but also would provide a better rate of return than domestic bonds, he said.
The treasurer also has the responsibility of issuing state debt, Sprague said.
Citing his experience at Ernst & Young, and as city auditor for the city of Findlay, Sprague said, “You want to have somebody who knows what they’re doing.”
Sprague has a bachelor’s degree in mechanical engineering from Duke University and a master’s in business administration from the University of North Carolina. When he worked at Ernst & Young, a multinational professional services company, he worked on projects with several Fortune 500 companies.
Tom Jackson, Staff Reporter, The Sandusky Register