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Thu 03 Mar 2010Lenihan agrees to Labour cost-benefit plan
THE GOVERNMENT yesterday attempted to reverse a mistake made by Minister for Finance Brian Lenihan in letting through a Labour party amendment to the Finance Bill the previous day.
In the Dáil on Tuesday, Mr Lenihan had inadvertently agreed to an amendment tabled by the Labour Party finance spokeswoman Joan Burton. The amendment provided for a cost-benefit analysis of the financial impact of the Bill to be completed within a month, that would calculate the tax that had been foregone, the changes in tax revenue and expenditure, and the number of jobs that had been created.
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