Dáil debates
Thursday, 24 April 2008
House Prices.
4:00 pm
Brian Cowen (Laois-Offaly, Fianna Fail)
For the very simple reason that when revenue projections were exceeded, more than 75% of the increased revenues went back to reduce debt. We did not base the budget on the boom. Deputy Bruton claimed earlier that all these increased revenues went on unsustainable spending programmes and we are now hitting the wall. That is not the case.
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