Oireachtas Joint and Select Committees
Thursday, 22 November 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Public Service Reform Plan: Discussion with Minister for Public Expenditure and Reform
10:35 am
Brendan Howlin (Wexford, Labour) | Oireachtas source
The Deputy is absolutely right, but the tax base collapsed also by a figure of 30%. Even if we could stop the clock and say all of the banking debt should be taken away, the State's income stream fell by 30% but our outgoings did not.
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