at least according to brian lenihan, courtesy of a story in todays independant (sat 10th jan 09 )
linky here. Cowen and Lenihan divided on pay cuts - National News, Frontpage - Independent.ie
its been all over the early news on newstalk and RTE today too and makes for stark listening when put in the context of what happened at dell yesterday
apparently he's looking to cut another two billion off the state pay bill and according to the independant he says cutting jobs and pay is the only way to do it quickly. its all seems to stem from a document sent to the EU comisson which shows the gov expense on borrowing has inflated from 45 million a day to 55 million a day and apparently we can expect new taxes next year and increases in the existing ones.
the tone of the peice seems to indicate a difference in opinion between cowan and lenihan but TBH the only difference i can discern is the time scale.
looks like the shyte is about to hit the fan !



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