Seanad debates

Wednesday, 8 April 2009

11:00 am

Photo of Liam TwomeyLiam Twomey (Fine Gael)

Toxic assets totalling €90 billion, half of which are bad, is another increase of €50 billion on the national debt. The Government said yesterday in the budget that it will cut the social welfare payment at the end of the year, take away the child care allowance, tax the people to the hilt but double the national debt to bail out bankers. If I was to give some advice to the Government I would suggest it should make Larry Goodman chairman of that new organisation——

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