Michael D'Arcy (Wexford, Fine Gael)

I remind Deputy Gogarty of where we are. Three years ago the national debt was €35 billion and by the end of this year it will be €95 billion, with an additional €50 billion in liability for the banks and another €40 billion to €50 billion in liability for NAMA, again resulting from the actions of banks. We have gone from approximately €35 billion to €180 billion in a matter of years.

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