Lee: ‘This thing is really going to bite’

THE budget contains “plenty of maggots” and is “really going to bite”, former Fine Gael TD George Lee has warned.

The RTÉ presenter and economist said the two-part budget was deceptive, because it contained no income tax hikes and therefore at first glance didn’t appear so bad.

But the cumulative effect of the various spending cuts and other tax hikes would all add up to take significant sums out of people’s pockets, he warned.