New Numbers in the National Debate
New Numbers
January 2011 Number on Live register – 439,200 (-7,000)
2011 – Taxes gross €34.9 billion
2011 National debt interest payments €5 billion
FG NewEra Plan – 20,000 jobs per year for four years – €7 billion funding
FG No income tax increases or cuts to Old Age pension
FG agrees to €15 billion of cuts – IMF/ECB
€6 billion is already in this years budget –
That leaves €9 billion
FG says that this will be nearly €3 billion in tax increases and €6 billion in spending cuts. That is 2 to 1 not three to one.
FG wants to reduce public sector numbers by 30,000 with retirements and natural wastage the mainstay. ( Check my public sector page here)