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National Debt

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A table in Cliff Taylor's piece (22nd August) indicates that €32 billion will be needed to service the national debt over the five years to 2014. This amount which will rise due to additional bank bale outs amounts to a full year's tax revenue.

How can it possibly be paid without massive political, economic and social consequences?

Letter published in the Sunday Business Post on 29th August 2010.

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This page contains a single entry by Brian published on September 14, 2010 2:37 PM.

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