Toomey talks Supercommittee, Penn State on Fox News

Published by Drew Singer on .

With ten days until the group's deadline, Pennsylvania Sen. Pat Toomey appeared in-studio with Fox News this morning to talk Supercommittee progress (or lack thereof). Mr. Toomey spearheaded the Republican's offer to the deficit-cutting task force.

"It's at a difficult point," he said. "I think we've got a ways to go, but I hope we can close that gap very quickly."

Mr. Toomey justified his break from a Repbulican pledge to not raise taxes as an effort to compromise with Democrats, but also to avoid the expiration of Bush-era tax cuts. The looming expiration of the tax cuts is perhaps the strongest leverage Democrats have in negotiating with Republicans, whose plan makes the cuts permanent.

"In the alternative, we're 13 months away from the biggest tax increase in American history," the Senator said of the upcoming expiration.

He also explained his decision to rescind his nomination of Joe Paterno for the Presidential Medal of Freedom.

"It seems to me that there are very important and disturbing questions about what Coach Paterno knew and when he knew it and what he did with that information," Mr. Toomey said, "And given the uncertainty around those issues, I couldn't in good conscience recommend that he receive the highest award a civilian can receive in the United States of America."

You can watch the 6-minute video of the Senator's interview here.

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