Seanad debates
Monday, 9 November 2009
National Asset Management Agency Bill 2009: Second Stage
10:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
There is far more serious danger for the taxpayer and future generations, namely, their exposure from the amount of borrowing in which we are now engaging. That borrowing is not being engaged in to fund the banks. It is being engaged in because the gap between our current receipts and expenditure is so wide, and that is nothing to do with the banking system.
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