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€6,000,000,000.00 in Budget cuts tba today

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  • 04-11-2010 1:58pm
    #1
    Morlar
    Closed Accounts Posts: 9,273 ✭✭✭


    Just a few years ago there was a controversy over the govt not being able to find 10 million euro for a cervical cancer vaccine programme.

    Then a couple of months ago the govt announced they were shaving €3BN in savings in this years budget.

    Today it's expected (read leaked to journalists) they will announce this figure has DOUBLED in 2 months - that they now need to save €6,000,000,000.00 - 6 BILLION euros in the dec 7th 2010 budget.

    http://breakingnews.ie/ireland/government-expected-to-announce-6bn-budget-cuts-today-480361.html
    04/11/2010 - 07:27:07
    The Government will announce later that €6bn in cuts and tax hikes are needed in December's Budget.

    Just a few months ago, the Government was preparing the public for cuts of €3bn.

    But the economic crisis for the country has now worsened to the extent that the Cabinet believes the figure needs to be doubled, making it the biggest budget correction in the history of the state.

    Growth prospects for 2011 are expected to be minimal, and the Government be revealing those figures today also.

    The Government hopes that by making the correction of €6bn now, and another €9bn over the following three years, it will be enough to calm the international markets.

    Read more: http://breakingnews.ie/ireland/government-expected-to-announce-6bn-budget-cuts-today-480361.html#ixzz14Jm2GHVl

    Anyone any ideas on where they can magic the €6BN from in the coming budget ?
    Tagged:


«134

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    #2
    [Deleted User]
    Posts: 14,344 ✭✭✭✭ [Deleted User]


    Ah they're just announcing the figure? I thought it was gonna be something meatier, like a overview of their plans. :-/


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    #3
    Celly Smunt
    Banned (with Prison Access) Posts: 9,464 ✭✭✭Celly Smunt


    ask somebody to press the magic button that puts us back to zero


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    #4
    Rabies
    Registered Users Posts: 15,258 ✭✭✭✭Rabies


    Morlar wrote: »

    Anyone any ideas on where they can magic the €6BN from in the coming budget ?

    Same way the banks magically made loads of money and you guys paid for it in the end.

    You're gonna pay for this too.

    Buckle up, gonna be a bumpy ride.


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    #5
    Wile E. Coyote
    Registered Users Posts: 1,560 ✭✭✭Wile E. Coyote


    They've leaked this to get everyone worrying so when they come along next month and announce that they're only (:rolleyes:) cutting 3 billion all the gullable people will say 'that wasn't too bad'.


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    #6
    Sean Quagmire
    Registered Users Posts: 1,334 ✭✭✭Sean Quagmire


    We need six of these http://www.woosk.com/wp-content/uploads/2009/01/billion.jpg


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    #7
    Biggins
    Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    Rabies wrote: »
    Buckle up, gonna be a bumpy ride.
    Up to now its been a bumpy ride.
    The next ride after the details are announced in the Budget, will be like trying stay riding a lunatic, raving, erratic bullock!


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    #8
    orourkeda
    Closed Accounts Posts: 17,918 ✭✭✭✭orourkeda


    Nice round number.


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    #9
    Duggy747
    Registered Users Posts: 13,295 ✭✭✭✭Duggy747


    Biggins wrote: »
    Up to now its been a bumpy ride.
    The next ride after the details are announced in the Budget, will be like trying stay riding a lunatic, raving, erratic bullock!

    Gonna need some rope then to keep us on....


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    #10
    HavingCrack
    Closed Accounts Posts: 2,847 ✭✭✭HavingCrack


    Let's just print €6 billion in fresh notes, sure what's wrong with a little inflation :D


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    #11
    Pherekydes
    Registered Users Posts: 16,120 ✭✭✭✭Pherekydes


    Morlar wrote: »
    Anyone any ideas on where they can magic the €6BN from in the coming budget ?

    The same place they'll magic the real figure.

    €6bn is just getting warm...


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    #12
    Rabies
    Registered Users Posts: 15,258 ✭✭✭✭Rabies


    Biggins wrote: »
    Up to now its been a bumpy ride.
    The next ride after the details are announced in the Budget, will be like trying stay riding a lunatic, raving, erratic bullock!

    That is where the clown comes in, helps to distract the rage :)


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    #13
    Plug
    Registered Users Posts: 9,248 ✭✭✭Plug


    Income tax up, dole down, ministers salerys untouched.


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    #14
    iamstop
    Moderators, Music Moderators Posts: 11,953 Mod ✭✭✭✭iamstop


    Why don't they sell the oil off the west coast? Oh wait, they GAVE it away already.

    https://open.spotify.com/album/69JKwCcZGdLqX4Upj3DwP7



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    #15
    Biggins
    Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    Rabies wrote: »
    That is where the clown comes in, helps to distract the rage :)
    Well there will be a lot of unemployed clowns on the FF side after the next general election so there should be no problem filling that vacancy! :pac:


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    #16
    Cookie_Monster
    Registered Users Posts: 24,479 ✭✭✭✭Cookie_Monster


    they're only cutting 6, they really need about 15 but are too busy pussyfooting around the place to do it.


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    #17
    longhalloween
    Closed Accounts Posts: 2,207 ✭✭✭longhalloween


    pmcmahon wrote: »
    ask somebody to press the magic button that puts us back to zero

    'Hello IT, have you tried turning it off and on again?'


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    #18
    Wibbs
    Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,106 Mod ✭✭✭✭Wibbs


    orourkeda wrote: »
    Nice round number.
    Which going by previous figures trotted out during this crisis will go up.

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



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    #19
    seamus
    Registered Users Posts: 68,317 ✭✭✭✭seamus


    10% off social welfare, 10% drop in public sector wages, abolish the PAYE tax credit.

    Boom, there's €6bn right there.

    Who's got the lube?


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    #20
    tommy21
    Closed Accounts Posts: 2,419 ✭✭✭tommy21


    I hope they won't cut my cheque time






    ;)


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    #21
    Biggins
    Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    seamus wrote: »
    Who's got the lube?
    I had it last night.

    I passed it on to Cowen.
    The last I saw of him, he disappearing into a closet with Bertie. :D


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    #22
    Morlar
    Closed Accounts Posts: 9,273 ✭✭✭Morlar


    tommy21 wrote: »
    I hope they won't cut my cheque time






    ;)

    A lot of people won't be needing that where they are going.


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    #23
    The_Minister
    Registered Users Posts: 10,255 ✭✭✭✭The_Minister


    This is going to be painful, but at least we might finally get the public sector reforms we have desperately needed for so long...



    ...oh wait no.


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    #24
    Degsy
    Banned (with Prison Access) Posts: 16,397 ✭✭✭✭Degsy


    seamus wrote: »
    10% off social welfare, 10% drop in public sector wages, abolish the PAYE tax credit.

    Boom, there's €6bn right there.

    Who's got the lube?

    Increase income tax across the board,cancel overseas aid,half social welfare and withdraw funding from Anglo..thats about 20 billion right there.


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    #25
    gurramok
    Closed Accounts Posts: 13,992 ✭✭✭✭gurramok


    I just wonder how they will find 6bn considering public sector pay cannot be touched. A VR scheme would be a drop in the ocean on that 6bn?.

    The only other areas to cut back are welfare and capital spending, unless they are planning stringent tax hikes like the 80s. :eek: :confused:


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    #26
    cynder
    Registered Users Posts: 4,128 ✭✭✭cynder


    Cut their own wages by 100%

    They shouldn't get paid to run a country into the ground, they should do it for free.


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    #27
    Morlar
    Closed Accounts Posts: 9,273 ✭✭✭Morlar


    Degsy wrote: »
    Increase income tax across the board,cancel overseas aid,half social welfare and withdraw funding from Anglo..thats about 20 billion right there.

    Say **** you to the eu and cut anglo loose.
    +1

    Increase the VAT on petrol to about €240 per litre.*
    Give every paye worker in the country a bill for €6,000.00 pa.














    *figure out of thin air


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    #28
    Celly Smunt
    Banned (with Prison Access) Posts: 9,464 ✭✭✭Celly Smunt


    grindelwald wrote: »
    Cut their own wages by 100%

    They shouldn't get paid to run a country into the ground, they should do it for free.

    yes,lets have no government!


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    #29
    Wibbs
    Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,106 Mod ✭✭✭✭Wibbs


    Degsy wrote: »
    Increase income tax across the board,cancel overseas aid,half social welfare and withdraw funding from Anglo..thats about 20 billion right there.
    The overseas aid should go first. I mean what the hell are we doing giving away borrowed money for?

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



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    #30
    Degsy
    Banned (with Prison Access) Posts: 16,397 ✭✭✭✭Degsy


    Wibbs wrote: »
    The overseas aid should go first. I mean what the hell are we doing giving away borrowed money for?

    670 million per year of borrowed money.


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    #31
    johngalway
    Closed Accounts Posts: 10,271 ✭✭✭✭johngalway


    Wibbs wrote: »
    The overseas aid should go first. I mean what the hell are we doing giving away borrowed money for?

    From Charlie Wilsons War.

    Joanne Herring: Why is Congress saying one thing and doing nothing?
    Charlie Wilson: Well, tradition mostly.

    And that is exactly the answer the Minister for Overseas whatyamacallit said on radio on Wednesday (think it was Wednesday anyway).

    Children are starving in other countries but not in Ireland!

    So, we're gonna keep giving away money until that process is reversed. Progress yanno.


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