Patrick Toomey actually said...

My understanding is that his view of his own rule is that it would call for a higher Fed funds rates than what we have now.

Toomey discusses the implications of the Taylor Rule on interest rates.

02/28/2011

More Patrick Toomey Quotes

It would be nice if we could move on, sir.

We have an extremely progressive tax code, and it is going to remain a very progressive tax code.

And the effect of this, of course, all else being equal, is it keeps Federal marginal rates higher than they would otherwise be if we had a ...

The fact is, the top 10 percent of income earners earn 47 percent of the income in America and pay 71 percent of all the taxes.