Daft Property - Irish Property News

Budget will 'turn recession into depression' ... POLITICAL REACTION: Fine Gael deputy leader and spokesman on finance Richard Bruton said this evening the Budget announced by Brian Lenihan today will "threaten to turn a recession into a depression". “This is a Budget that is all about extra taxes for ordinary families, about extra charges for people, and about cutting capital spending,’’ said Mr Bruton. “You are looking to make it tougher for people who are struggling to get by,’’ he added. “There is no sign that you are aware of the pressure on people from fuel bills, the pressure on people who have lost their jobs.’ Labour leader Eamon Gilmore said it "mercilessly targets middle income families". Speaking shortly after the Minister for Finance presented the Budget in the Dáil, Mr Gilmore said Mr Lenihan had failed to take any significant steps to protect the poor and vulnerable in the face of the worst recession facing the country for decades. “Despite