Dáil debates

Tuesday, 30 November 2010

4:00 am

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

We must obtain €19 billion this year and a smaller amount next year. We are funded up to next June. If the Opposition does not have an alternative source of funding, it is saying that cuts of 38% or 40% will be required in pensions or something else, because we do not have the money required beyond next July.

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