"During his governorship, Weld ended the state's borrowing, controlled Medicaid spending, reduced property taxes, and balanced seven budgets in a row (in a state where a balanced budget is constitutionally mandated) while passing 19 tax cuts and never raising taxes. The business community reacted strongly to Weld's leadership. In a 1994 survey of chief executives conducted by the Massachusetts High Technology Council, 83% of those polled rated the state's business climate as good or excellent--- up from only 33% at the beginning of his term. Proponents might claim that Weld's leadership changed the minds of 50% of the CEO's surveyed while others would note the national economic trends or other factors might play a part. Weld also reaped the benefits of the Clinton prosperity, as the state's unemployment rate fell by more than 3 percentage points during his first term, from 9.6% in 1991 to 6.4% in 1994, again an event that may or may not be entirely his doing but certainly enhanced his standing."
-wikipedia.com

I'm all for balanced budgets and Clintonian prosperity.

So, why's he running in New York? http://www.weldfornewyork.org/issues/