Opposition pledges to cost €14bn - FF

Fianna Fáil has claimed that promises made by Fine Gael and Labour since the last election would cost each taxpayer a minimum…

Fianna Fáil has claimed that promises made by Fine Gael and Labour since the last election would cost each taxpayer a minimum of €10,000 in extra taxes every year for five years if they were implemented.

In a document entitled Making Prosperity History, Fianna Fáil listed a breakdown of what Noel Dempsey, Minister for Communications, Marine and Natural Resources, said were 100 promises, demands and criticisms of current Government spending made by the Opposition since 2002.

He claimed that if these measures were implemented, they would cost the taxpayer anywhere between €14 billion and €34 billion extra each year for five years.

Speaking ahead of the publication this afternoon of Fine Gael and Labour's joint economic policy, Mr Dempsey said: "What we're doing is clearly laying out the cost of all the promises made by Fine Gael and Labour over the last five years, and we're asking them to clarify whether they are still promises.

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"If they are, it's going to cost the Irish taxpayer up to €14 billion extra per year in expenditure. If they're not, we need clarity as to what promises they have made over the past five years they are abandoning."

Mr Dempsey said Fianna Fáil would stand over its record in government, saying: "We have presided over an economy over the last ten years that is the leading economy in the world, so our record in economic areas is certainly not open to challenge.

"We're going into an election campaign, the public . . . know exactly where Fianna Fáil stands, what expenditure we're going to have, what tax measures we're going to put in place - they need to know the same from Fine Gael and Labour."