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Wed 11 Nov 2010Social welfare budget may be cut by almost €3bn
FOUR-YEAR PLAN:THE GOVERNMENT’S four-year plan to be published today will propose dramatic reductions amounting to almost €3 billion in the social welfare budget over the next four years.
If implemented, it will mean that overall spending on welfare will be cut by almost 15 per cent. However, the front-loading for the first year of the plan, 2011, will be more modest than in other sectors with an anticipated €800 million in cuts scheduled for announcement in this year’s budget.
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