Budget Aggregate Figures to 2014

Budget Figures
2011
Spending cut €4.5 billion – Tax increase €1.5 billion = €6 billion

2012
Cuts total €3.0 to €4.0 billion

2013
Cuts €3 to €3.5 billion

2014
Cuts €2.0 to €2.5 billion

100,000 to emigrate over the period
The measures are aimed at cutting borrowing to 3 per cent of gross domestic product by 2014.
The Government plan only assumes a small fall in borrowing costs next year to 6.4% dropping to 4.7% in 2012.

Tax and spending will go to 2007 levels in that period.