As part of its alternative budget, Sinn Féin has promised to do away with the TV license, cut childcare expenses to €10 per day, and eliminate the universal social charge (USC) for typical workers, reports Breaking News.
The party promised to increase public expenditure while working to “undo the damage” caused by past administrations.
The party’s financial intentions are outlined in the paper, which was released on Thursday. The party places a lot of emphasis on initiatives that will help households cut expenses on a daily basis, reports Breaking News.
The party’s finance spokesman, Pearse Doherty, stated that the €12.4 billion budget package includes €7.3 billion in new initiatives.
“In this document you’re not going to see bike shelters for €336,000. You’re not going to see security huts for €1.4 million and you’re not going to see runaway projects like the Children’s Hospital, costing us now €2.2 billion. That happens under [Minister for Public Expenditure] Paschal Donohoe and Fine Gael and Fianna Fáil. Sinn Féin knows that your money needs to be invested and needs to be spent wisely,” reports Breaking News.
Mr. Doherty said the 57-page plan, which he unveiled at the Irish Architectural Archive in Dublin, includes an extra €4 billion in capital investment.
“As we know that the Government have failed to meet their own capital investment targets over the last number of years, targets that they set out. The National Development Plan set out annual targets and they have been missed every year. The under-investment from those missed targets is approximately €7.6 billion in capital investment over the last four years alone,” reports Breaking News.
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