Pearse Doherty (Donegal South West, Sinn Fein)

The principle of this is that the Irish taxpayer should not and will not be the insurance policy for the bondholders who took a gamble and lost. If we proceed with this banking plan, then the budget and the four year plan are already redundant. The plan aims to adjust €15 billion from the State's finances over a period of four years. It is a figure that sits in splendid isolation from the €85 billion bailout negotiated for the banks.

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