Eugene Regan (Fine Gael)

At least we have moved to the phase in which the Government recognises the existence of acute economic and public finance problems that must be addressed immediately. All political parties will play their part in this regard and it is important for them all to work from the same base. However, Members do not have to hand the figures and policy options in respect of this budget. I seek the presentation of a comprehensive paper, on which all could agree, containing the best estimates and forecasts available on public finances, the expenditure side, the budget deficit, borrowing, growth, inflation, competitiveness, etc. If Members argue about figures, they will never agree on the policy issues. My first request is that a comprehensive paper on the finances should be made available before Members have their next debate on the economy.

My second question to the Leader pertains to the Government's presentation of an addendum to the stability programme. I refer to its commitments to the European Commission on how to restore Government borrowing to comply with the permissible borrowing limits. The Government has given a commitment of a budget deficit of 9% of gross national product in 2009, which will be reduced to less than 3% by 2013. However, the European Commission criticised the programme that was submitted for being overly optimistic and insufficiently specific. This now has been found to be the case. Consequently, the credibility of the Taoiseach and the Government in respect of identifying the bottom line regarding the extent of the problem in the public finances and the economy is at issue. We must get the figures right. The Taoiseach must get control of them and Ireland must come up with policy prescriptions that will deal with this problem.