Seanad debates

Tuesday, 25 March 2003

Finance Bill 2003 [ Certified Money Bill ] : Second Stage.

 

We must continue to improve our infrastructure. Any capital spending is a good investment. We recoup almost 20% of such moneys through income tax and VAT, which means that the impact is not as great as it seems at first glance. I have a great interest in the future of the motorway from Dublin to Waterford and in the development of other motorways. It is vital that these developments go ahead in their entirety and without delay. If we are serious about the dispersal of the population, we must provide proper means of travel. We have to maintain a capital programme because without it we will lose our pace and our place at the top of the league in an expanded Europe. I commend the Bill to the House.

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