It is not rational. It is not in the interest of anybody to do this, but yet we perpetuate this, even in light of the fact that we have millions of Americans who are uninsured. Clearly, many of those would be better able to afford the…
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.
First of all, this is a very fair and standard rule that is going to allow us to have a substantive debate on the budget, and I certainly hope all of my colleagues will vote ``yes'' to pass this rule, because then we can get on to the…
It is a question of timing, which is not terribly important to the Federal Government but it is incredibly important to the small business operator who in the example the gentleman just presented is forced to pay a huge tax bill on income…
During the course of a working person's lifetime, the person pays tax on their income. If there is a little money left over from that and you save it or invest it, you pay taxes on dividend or interest. If you have a capital gain because…
One of the best things that I think government could do for business is get out of the way. We share several things in common, one of which is our historical involvement in the restaurant industry. My brothers and I have been in the…
I have been a small business owner for about 10 years. Like many of us, I am sure, I know many hundreds of small business owners across my district, the Lehigh valley of Pennsylvania. There is no question that small business is the…
Over the last 20 years, American and international financial markets have changed dramatically. Opportunities for investors have expanded tremendously. New access to capital has empowered entrepreneurs. The ability to hedge financial and…
clearly, Governor Bush made the case, I thought very persuasively, and the choice between Vice President Al Gore and what Governor Bush comes down to is will we be a freer society in which the men and women who produce the assets and…
today I rise to offer hardy congratulations to Marty Nothstein. Last Wednesday, Marty won the gold medal in the cycling match sprint competition during the 2000 Summer Olympic Games in Sydney, Australia. I am proud to stand before all of…
I think we clearly need a tool like this for some fiscal discipline. I am happy to note that such a large, overwhelming majority of this body have supported this at one time or another. I am sure Members will want to be consistent in their…
we are hearing today from our colleagues on the other side that perhaps this measure is more symbolic than substantive and might not really accomplish that much. I could not more strongly disagree. The previous speaker, my colleague, the…
I think George Orwell would find this rhetoric very, very familiar. I would suggest that my colleagues turn to page 277 of the committee report. It simply says, it shows quite clearly that in fiscal year 2001 the program administrators…
I think what this amendment is all about really is honest budgeting, specifically honest budgeting in the age of surpluses. Pay-go is a relic of the era of deficits. It was designed at the time for the worthy purpose of preventing further…
Mr. Chairman, today we are debating a supplemental appropriations bill, but this debate is really all about what Congress should do with the on-budget surplus for fiscal year 2000. Let me explain what this surplus is because there is…
The Republican budget as we have heard tonight has six key features, and I want to take a moment to talk about one of them, which is tax relief for hard-working Americans. When we talk about Federal taxes, it is useful to consider the…
I rise in support of the CATs budget for many reasons, but in particular I would like to emphasize the principal statement that this budget makes regarding true, meaningful Social Security reform by acknowledging the need to create…
Mr. Speaker, all year long as we have been wading through the budget and the appropriations process, we here in this House have been debating the proper level of the Federal Government spending. Despite a clear institutional bias I would…
this chart depicts the spending of the legislative branch appropriations bill in fiscal year 1999, and it reveals the instructions that I would intend in my motion for fiscal year 2000. As Members can see, the Senate vote for 1999, the…
I rise in strong support as a proud cosponsor of this amendment, and I am proud to submit for the Record a letter from the great governor of my great State, Tom Ridge, who like so many other governors across this country endorses this…





