United States Senatorial Republican candidate Pat Toomey said he believes there has been a serious problem with the federal government for sometime now and it’s because the party in power is pursuing an agenda that is inconsistent with what most Americans want.

“We’ve got to get the fiscal nightmare under control and bring spending to more reasonable levels, and we just need some balance in Washington,” said Mr. Toomey in an interview with The Wayne Independent, Tuesday.


United States Senatorial Republican candidate Pat Toomey said he believes there has been a serious problem with the federal government for sometime now and it’s because the party in power is pursuing an agenda that is inconsistent with what most Americans want.
“We’ve got to get the fiscal nightmare under control and bring spending to more reasonable levels, and we just need some balance in Washington,” said Mr. Toomey in an interview with The Wayne Independent, Tuesday.
Jobs
In the current economic crisis, Mr. Toomey said the way to create and retain jobs is not to “spend and borrow our way to prosperity,” but to cut payroll taxes. “We should cut pay roll taxes for both workers and the matching employer share across the board,” he said. “And if we did that, then everybody with a job immediately gets a take-home pay raise. You don’t have to worry about shovel-ready projects when someone gets a pay raise,” he said. “Cutting the matching employer share becomes less expensive for the employer to’ hire the next worker.”
Healthcare
When addressing the issue of rising healthcare costs, and how they can hurt the many farmers and small business owners in the Wayne County area, Mr. Toomey listed three main ways that he believes would help: Give individuals the same tax deductions that businesses receive when purchasing insurance; Force insurance companies to compete for our business by allowing them to compete across state lines, giving people the choice of hundreds of companies, instead of a limited number; and Tort reform, referring to how in this country, we “tolerate excessive litigation and abuse of the legal system, and that imposes not only the direct cost of malpractice insurance and legal costs, but also the indirect costs of defensive medicine, when doctors feel that they need to order tests that are not medically necessary, but necessary to cover their risks of a lawsuit.” 
Financial Market
Mr. Toomey addressed de-regulation, an issue which has been debated recently in the wake of the global financial market meltdown. Mr. Toomey defended positions he had taken in the late 1990s, when as a member of Congress, he called for  de-regulation of the financial markets.
“By lifting onerous regulations, we were able to kick-off innovation and strong economic growth,” he said, citing the 25 years of economic growth that the United States saw beginning in the 1980s.
“I think their were a lot of failures on the part of the government, the Federal Reserve, and legislation that went to great length to encourage people to buy homes who didn’t have the accumulated savings or personal discipline of savings to be able to afford their homes,” he said.
Marcellus Shale
The Fracturing Responsibility and Awareness of Chemicals (FRAC) Act  proposed by Sen. Bob Casey (D-PA) calls for the regulation of oil and gas companies to disclose the chemicals used in the drilling in the Marcellus Shale formation.
“I want to fully explore the extent at which Pennsylvania’s own DEP (Department of Environmental Protection) can manage this process,” he said. “It’s not obvious to me at this point that it’s necessary to have two simultaneous and unrelated regulators, one in the state regulations whcih is in place now, and in addition, a whole federal regulatory regime that will add a lot of costs,” he said. “It’s an open question,” he said. 
“The drilling and exploration and development of natural gas in the Marcellus Shale here in Pennsylvania absolutely has to be done in a way that is environmentally responsible, and that protects the safety, security and purity of the drinking water,” he said.