Brian Cowen Dail Statement on Economy - Live Thread

[David Cochrane]

Please use this thread to discuss the speech (as it happens) by Cowen to thee Dail. I'll update the first post with any key statements during it..

FULL SPEECH HERE.

- Ruairi Quinn has intervened during Taoiseach's statement, asking why a copy of his statement has not been circulated to facilitate "meaningful debate".

1. Public Service Pay – increased pension-related payments and other measures - €1,400 m
2. Reductions averaging 8% in Professional fees (medical, legal etc.) - €80 m
3. ODA Savings - €95 m
4. Curtailments to Early Childcare Supplement - €75 m
5. General administrative reductions - €140 m

Sub-total: Current Savings €1,790 m

6. Capital savings – 3.6% across-the-board reductions - €300 m

TOTAL: Current and Capital savings - €2,090 m

[Outlander]

RTE - dukes talking sense now

[aidanodr]

Hi Guys,

I know its preempting things, but in preparation for later arguments and comment I said I would start this thread.

View the show here:

RTÉ Ireland's National Television and Radio Broadcaster

And at Oireachtas Live:

Oireachtas Live: Webcasts and IPTV Multicasts - Tithe an Oireachtais

HERE WE GO!
Aidan

<Mod> Threads merged. </Mod>

[Simbo67]

He's speaking foreign.

[aidanodr]

Sorry Dave,

Id say we popped a thread up at same time - dump this one
Apologies

Aidan

[JCSkinner]

Wow. He seems to have decided to screw the unions and go for the cuts.
Interesting to see how this goes down.

[Sierra]

Pension levey . . .

[yehbut_nobut]

"I came to the house to at the first opportunity " Ha! 8 months late, surely?

[scitilop]

Could anyone tell us what's happening?

[JCSkinner]

Tax on second homes - will this be applied to property developers with dozens or hundreds of homes on their books?
Will it f**k!