Deputy Doherty says Government has straddled future generations

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Donegal South-West Deputy Pearse Doherty has said that the Government has straddled future generations with the burden of debt.

The Government announced yesterday afternoon that the Promissory Notes for Anglo Irish Bank were gone once and for all.

Now instead of paying out 3.1 billion a year, no capital payment will be made now until 2038, with the final payment in 2053.

But Sinn Feins finance spokesperson, Pearse Doherty says it’s shameful what the Government has done..

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