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Government forcing people into poverty and debt – Morgan

26 October, 2010


Sinn Féin Finance Spokesperson Arthur Morgan has said reducing the €15billion deficit over four years through a programme of savage cuts will lead to severe hardship and will force thousands of people into poverty and debt.

Deputy Morgan said Sinn Féin advocates a better and more fair way to reduce the deficit.

Speaking this evening Deputy Morgan said:

“The €15billion figure is broadly in line with what we had expected and we have prepared our budget plans on that basis.

“To reduce the deficit by €15billion in four years through a programme of savage cuts will lead to severe hardship and force thousands of people into poverty and debt.

“Sinn Féin advocates a better and more fair way to reduce the deficit by extending the deadline to 2016, introducing a range of revenue raising measures targeted at those who can afford to pay more and investing in an economic stimulus package.

“This way we can protect the most vulnerable sections of society from economic hardships while creating jobs and stimulating economic activity.” ENDS

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