Dáil debates

Wednesday, 15 October 2008

10:30 am

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)

If it was also the case that he did not believe there were discretionary spends in the capital programme that should not have been deferred, what further €1 billion in cuts — making a total of €3 billion — would he estimate we could find in the public expenditure programme? If we were to move, as Deputy Bruton said, to a 5.5% deficit instead of the 6.5% deficit and if we were not to raise taxes, this would require another €2 billion of expenditure cuts.

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