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Irish lawmakers pass austerity budget

Irish lawmakers pass austerity budget
Higher taxes, drop in wages in plan Lawmakers narrowly approved tax increases yesterday as part of Ireland’s most brutal budget in history, an billion slash-and-tax plan imposed as a key condition of the nation’s international bailout. Rejection following yesterday’s publication of the long-awaited 2011 budget would have forced Prime Minister Brian Cowen’s resignation and snap elections – and …
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