In a letter Deputy Noonan wrote to the Taoiseach before the general election he requested a response from the Taoiseach on the matter of the economy. The Taoiseach replied, "I can confirm that there are no significant overruns projected and no cutbacks whatsoever are being planned, secretly or otherwise." That statement has shown to be an untruth. I regret that has come about. The promises and commitments given before the general election now ring hollow.