Brian Cowen (Laois-Offaly, Fianna Fail)

The downside scenario and risks that were outlined in the Budget Statement have materialised in practically all cases. Ireland is not immune from those international developments. The Government will seek to ensure that it works within the budgetary parameters it has set itself, which will involve budgetary discipline. The Leader of the Opposition will have to make a choice as to whether he believes this is the approach or whether he wishes to continue to spend.

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