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Fri 07 Jul 2008Current spending will be kept in check - Lenihan
CURRENT SPENDING should not out-distance revenue, Minister for Finance Brian Lenihan told the Dáil. “That path leads to unsustainable borrowing, less room for manoeuvre, lower growth and a heavy tax burden.’’
He added that he was not prepared to bring the Republic back to the days of unsustainable borrowing, lower growth rates and a heavy tax burden.
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