My Comments in full on the pre-budget statement from the Fiscal Advisory Board.

We are still borrowing far too much money to fund the state each year. The sooner we reduce the amount we borrow, the sooner we reduce the taxation burden on working people, so that once again work pays.

Today a person earning 36,000euro pays roughly one thousand euro of their taxes just to pay-off the interest on our national debt. The majority of that debt was built up not by bailing out the banks, but by continuing to run a state sector we could no longer afford.

We need to reduce the burden of the state on people, and we do that by repairing the public finances and by balancing the books.

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