Caoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)
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Question 93: To ask the Tánaiste and Minister for Finance his views on the implications of the shortfall in projected tax receipts in terms of Government spending plans and in respect of promises contained within the programme for Government. [29619/07]

Brian Cowen (Laois-Offaly, Fianna Fail)
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While taxes are likely to be below target this year, reflecting developments in some taxes, such as stamp duty, it must be remembered that we expect to collect over €48 billion in overall tax revenue this year, around 51⁄2 per cent up on last year's very strong performance. This significant level of tax revenue will enable the Government to continue to make adequate provision for day-to-day public services and investment.

The Programme for Government sets out clearly the Government's guiding economic and fiscal principles for the next five years. We are fully committed to a responsible fiscal policy.