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FF and the Green Party are not fit to run the economy – Morgan reacts to Finance Bill

20 November, 2008


Reacting to the publication of the Finance Bill today Sinn Féin Economy Spokesperson Arthur Morgan TD said Fianna Fáil and the Green Party are not fit to run the economy. Deputy Morgan said Sinn Féin will be tabling amendments to the Bill to address the public finance crisis and to help working families across the state.

He said, "The measures in the Finance Bill will put more pressure on low to middle income working families who face VAT increases in the run up Christmas and the income levy from January 1st.

"We are already seeing the stark results of government cutbacks in the health service.

"The New Year will bring increased class sizes for schools across the state including the loss of book grants, learning support and substitution cover for teachers out sick. Schools will lose teachers and not get the new teachers they were expecting.

"Sinn Fein will be tabling a series of amendment to the bill to address the public finance crisis and to help working families across the state who are being treated as soft targets by a government that is simply unable to manage the economy.

"I welcome the 3% income levy on incomes over €200,000 but this increase does not deal with the current public finance crisis, it will not address the collapse in public service funding nor will it turn around the economy." ENDS

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