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Mon 11 Nov 2009Cowen calls on parties for details on €4bn saving

TAOISEACH BRIAN Cowen has challenged the Opposition parties to spell out in tomorrow’s pre-budget Dáil debate how they intend to achieve savings of €4 billion next year, but they have accused him of trying to engineer “a sham debate”.

Over the weekend, Mr Cowen emphasised the need for spending cuts but Labour Party leader Eamon Gilmore said extra taxes, including a new third rate of tax for those earning over €100,000, should play a significant part in achieving the necessary adjustments.

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