Dáil debates
Wednesday, 18 April 2012
Economic Growth
3:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
I assure the Minister that Fianna Fáil does not share Sinn Féin's appetite for a mini budget. I believe we stand a good chance of meeting our fiscal targets this year. As the Minister is aware, 2012 and 2013 will be more difficult. Some €90 million must be found this year because of the fallout from the promissory note arrangements and the shortfall on the household charge may amount to €40 million or €50 million when the dust settles. This means there will probably be a shortfall of €130 million or €140 million from these two issues alone. Where will the money come from?
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