Toomey accuses Dems of ruining the economy in Republican address

Rep. Pat Toomey (R-Pa.) used Saturday's GOP address to blast President Obama and congressional Democrats for wrecking the economy and urged voters to pull Republican levers come the midterm election.

“It’s time we put some real checks and balances back in place this November,” he said, adding Democrats’ “extreme ideologically driven agenda is preventing the strong economic recovery and job creation that we should be having.”

Toomey criticized Democrats for continuing the bailout mentality that began under George W. Bush and pushing through a stimulus bill that fell short of reviving the economy.

“But even that was not enough for the one-party extremists in Washington,” he said. “After that, they went ahead and rammed through a $2 trillion healthcare bill, that even the official budget scorekeepers say will actually increase the cost of health insurance for individuals and families.”

Toomey argued their legislative agenda has produced few jobs but has created a mountain of debt that future generations will be forced to pay down.

“That extravagant spending has caused a budget deficit for this year alone of one-and-a-half trillion dollars,” he said. “That’s a staggering amount of debt. In fact, this Democratic administration is projected to create more debt than all the debt we accumulated in the entire history of our country.”

The congressman said by voting Republican in November, the Democratic agenda like a cap-and-trade bill and card check will be neutralized. He also said the threat that Democrats would only extend part of the so-called Bush tax cuts would be eliminated.

Republicans support continuing all of the tax cuts enacted by President George W. Bush.

“Our strength does not come from bailouts and government spending. It comes from a free enterprise system and the hard-working honest citizens who make it run, the kind of industrious folks I see every day in Pennsylvania,” he said. “When government lets these folks grow their businesses and work hard without putting obstacles in their way, that’s when we will achieve the flourishing recovery our country deserves."

Nadeam Elshami, a spokesman for Speaker Nancy Pelosi (D-Calif.), argued that the Bush policies touted by Toomey helped bring the economy to the brink of depression.

“The same congressional Republicans who supported the same failed policies of the Bush administration want to take America back and fight the same battles where they want to privatize Social Security and hand it over to Wall Street; where they want to extend Bush's tax cuts for the wealthiest few and leave most Americans with $700 billion in debt; and where they want to continue their economic policies that resulted in 8 million jobs lost,” he told The Hill, adding, “We are digging out of the deficit ditch dug by the Republicans.”