Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

The one safety net people had, the one direct cash support from the Government to those in mortgage distress, has been pulled from under them. I cannot understand the logic behind it. It will only make the situation worse.

The Minister announced a new levy in respect of banks operating in Ireland. It is fair to say nobody will chain themselves to the gates outside Kildare Street tonight to protest against the introduction of a bank levy.

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