Seanad debates

Wednesday, 5 December 2007

Budget Statement 2008: Statements (Resumed).

 

7:00 pm

Photo of Fiona O'MalleyFiona O'Malley (Progressive Democrats)

The Senator has made an error and it is important that we do not scaremonger people into thinking we are returning to the days when we borrowed heavily for current expenditure. Any borrowing planned in this budget is wise, prudent and for capital expenditure. If one bought a computer the day it came on the market and did not buy a new one as technology advanced one would be left behind. We must update all kinds of infrastructure in the country through investment; for example, we should not have the same type of roads now as 15 or 20 years ago.

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