Once car is turned on the engine races full rpm s gas pedal has to much play and stays down to the floor .could it be a cable problem?

John, first make sure it is not floor mat or carpet holding gas peddle down causing throttle issue. If all looks good there, would suggest you check throttle cable for being seized, throttle body seized or return spring faulty/broke. You may want to contact a good Tech, have them diagnose and estimate repair. Check the attached links,instruction and guides, Good luck
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http://www.ramforumz.com/showthread.php?t=63227
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Possibly an idle air motor for your idle problem or a vacuum hose off.

dont drive it. find the cause and fix it now.
Hot and cold engine or BOTH>?
1995 Tracker, no tranny , no 4wd , on engine options stated.
Exact high RPM in neutral, not stated...... 1500 is normal cold.
keeps going in Neutral. (nah , you have 5 ways to stop any car.
key, hand brake, foot brake and neutral. and with 4wd, 1 more neutral.
keep that in mind driving any car.
this car has up to 3 throttle cables that can stick. and more!

1: floor mats hit the pedal>? ala. Toyota style (lawsuits)
2: the three cables are, throttle. , cruise and A/T transmission kick down cable. if car is M/T and no cruise it has 1 cable.
so disconnect it, throttle fixed? (disconn,. 1 by 1, bingo?

no cure?, then its not the pedal , you meant just high idle.
yes, replace the cable or bad parts three.
ok say its not the cables.. (tests proved that)
the 95 came with 2 engines, 8valves and 16valves,
they work differently (8v love so race, 16v loves to stall)

1: ISC Stuck open, common.
2: 8v, any air leaks at all , will cause super high idle speeds.
3: throttle valve in the throttle body is stuckopen (gunk) or the return spring broken (very very rare the latter,in fact never heard of one breaking)
4: IAC (thermal idle control stuck open ,(my 97 was). and lots more.
5: on the 16v it takes 2 failures. to make high idle.
gross rich running engine (cold engine its normal) and any air leak
once hot the engine can not race unless there is huge overfueling
and an air leak.
6: the 8v has this device on the side of the throttle body.
called a dash pot. its just a fast idle vacuum servo.
if stuck open the engine will scream full time....
7: ECU stuck in limphome, can cause too high idle speeds.

we need to know which engine
http://www.fixkick.com/find-parts.html
8v or 16v first.
then does the idle race hot or cold or both (engine temperatures)
if it races , then how fast?, RPM the dash tachometer tells you that.

it can be as simple as a 50cent hose cracked.
to a dead ISC. (idle speed control) IAC is thermal idle air controller.
the IAC must be closed on a hot engine,
if the the engine never gets hot,it will scream full time.

it may be stuck in the cold start mode which is a bit like turning you ac on and the motor runs faster.. you may have a stuck solenoid valve on the tbi unit..

Check your idle control valve.

You don't say if the engine is carb or fuel injected.
If it has a carb, it could be sticking linkage for the fast idle to the choke.
If it is fuel injected it could be a faulty idle air control valve.
Or it could be something holding the throttle open like a binding cable.

That sounds like a possible vacumn leak

How does the engine run otherwise? Any stumbling on acceleration? Any check engine lights on?

When the engine is racing, does it stay at a steady RPM or does it flucuate up and down the RPM range?

If the engine RPM's increase when the gas pedal is floored, you have a transmission problem or a problem with your shift cables.

If the engine RPM's don't change when the gas pedal is floored, you have a throttle pedal cable problem or throttle body problem.

You will need an experienced mechanic to diagnose this problem as it is very dangerous to operate the vehicle under these conditions.

possible but mine did the same thing and the fuel filter was clogged up need to find out if it has been changed and if not change it