Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-315-875"

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"en.20110706.18.3-315-875"2
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"Negotiations over the budgetary framework have only just begun. The Commission proposal, however, does not respect the Member States’ wishes, in a period when costs are being cut, for the EU to make savings as well. The Commission has instead come up with a dodge, involving the transfer of large planned investment packages outside the EU budget. This is just an optical illusion, however, as taxpayers will ultimately have to foot the bill for all of this. A responsible manager draws up a budget first by working out the revenues, and then by planning the expenditure. Bureaucrats and many politicians, unfortunately, do precisely the opposite."@en1

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