Wednesday 21 February 2018

Nation pays big price as wiggle room diminishes

Minister's comments in Galway were an admission the figures don't stack up, writes Daniel McConnell

Last Monday, Finance Minister Brian Lenihan breezed into the Ardilaun Hotel in Galway and dramatically set the cat amongst the pigeons.

Before he had even spoken or addressed his colleagues, in less than two minutes during a media doorstep, Lenihan declared that the €3bn cuts in the Budget would be a minimum and not the total amount needed.

The media and the public were stunned, and his colleagues were furious. It was a massive shift in his position, and he has, once again, been forced to adjust his figures for the worse.

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