By standing in solidarity, we can give hope to the dissidents and put pressure on the Iranian regime.
Pat Toomey
The Public Record
Patrick Toomey is a former United States Senator from Pennsylvania, serving from 2011 to 2022. A member of the Republican Party, Toomey was known for his focus on fiscal conservatism, economic growth, and limited government. During his tenure, he served on several Senate committees, including the Banking, Housing, and Urban Affairs Committee, where he was involved in financial regulation and economic policy discussions.
As the Iranian people struggle under Ahmadinejad's repressive regime, America cannot stay silent.
The most obvious policy step to facilitate more mortgage financing is rolling back the GSE's loan level pricing adjustments.
What Senator Boxer is proposing along with me and my help to her on this is good for waiting off strategic foreclosures.
I think that would be an error at this point. I would at least extend the conforming loan limits, current conforming loan limits for another year.
I think it is important not to overreach. Uncertainty is an issue in the mortgage market.
Other critical safety needs may go unmet if funding is diverted to pay for PTC.
It is our health-care costs that is driving the deficit and debt crisis that we have.
My own view from the beginning has been that the most constructive thing we can do to maximize economic growth is major reform of both the corporate and the individual tax codes.
I don't think anybody ought to get first-dollar coverage, because I think we ought to make sure that people have skin in the game.
My point is over this 10-year period, we have seen huge growth in nondefense discretionary spending.
And at the end of the day, you know, nobody likes this, but without talking about death panels and that kind of crazy stuff, you are going to have to do something about the end-of-life scenario.
I would like to make another point about this which has to do with inflation.
For whatever other reasons, from a purely economic consideration, if you choose to use a less efficient source of energy, you have less prosperity, therefore, less growth and fewer jobs.
For every dollar that was dedicated to lowering rates, there was a dollar dedicated to deficit.
I think if you want everybody to have prescription drugs, then I don't know why in the world you wouldn't have Medicare negotiate with the drug companies for prescription drugs if the taxpayers are going to pay for them.
But I think it is worth noting, and I think you will all agree, that the growth in Federal revenue is related to the growth of the economy.
I think it underscores how important it is that whatever we do attempts to create an environment to maximize growth.
I think it is abundantly clear that it is the investment of accumulated capital that makes economic growth possible.





