Taoiseach: Budget is prudent and constrained
The Taoiseach Bertie Ahern has defended yesterday's Budget amid concern from some quarters that it may have been too generous.
Some economists say they fear the spending increases announced by Minister for Finance Brian Cowen could fuel inflation.
However, speaking in the Dáil today, Mr Ahern insisted that the Budget was prudent and restrained.
"The Budget is an entirely responsible one designed not to overheat the economy and to give a substantial safety margin if the existing environment should disimprove," he said.
"External conditions permitted, uninterrupted momentum can be maintained through next year and beyond providing our broad strategy is adhered to."
