Last thread on this was deleted because I called it an emergency budget, however, this is effectively a move to calm the markets.
The cash must be running out, because Lenihan is calling in the opposition to tell them how much will be deleted from each government department/section.
Lenihan/FF will look for support from the opposition before publishing the plans.
Its a mini budget, and an emergency one.
Brown underpants in the debt of finance.
Scale of cuts to be revealed within days, says Lenihan | BreakingNews.ie