Before Government takes money from people, it must explain how many billions paid to banks, says Gilmore

Posted on December 09, 2009 at 02:45 PM

Speaking ahead of this afternoon's Budget speech the Labour Leader Eamon Gilmore TD demanded that the Government explain how many billion euro have been paid this year to the banks.

Deputy Gilmore told Cowen that he must tell the people how much the banks have been paid, before he takes money out of people's pockets in today's Budget.

"As we are just hours away from hearing what pain is going to be inflicted in families in this country, cuts in child benefit, in welfare, in the pay of people paying it out, to raise €4b to AIB and that is before we come to NAMA. Will the Taoiseach tell the people, before he takes money out of their pockets this afternoon, how many billion euro have been paid this year to the banks?

Eamon went to say how people's hard-earned money is being over to the banks in whatever for the Taoiseach describes and billions will be taken out of people's pockets hits afternoon because the Taoiseach and his party, and their developer and banker friends, have ruined this country."

As always you can view Eamon's full contribution in the accompanying video while the full transcript of the exchange will be available later on the Oireachtas website.

Gilmore demands that before the Govt takes money from people in Budget, it explains how many billion been paid over to banks

Tagged with Finance