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Leo Varadkar Mentions Potential Budget Cuts And Brexit During Bloomberg Event At Powerscourt

The Taoiseach has suggested there will be income tax cuts in the next budget.

Leo Varadkar also says the country must pay down its debt and build up an anti-austerity fund for the future.

He has been speaking at the Bloomberg New Economy Gateway event at Powerscourt in Wicklow.

He says he doesn't want a repeat of the austerity measures of the past when there is a reduction in revenue.

He says he's also hopeful a future British Government will want a closer relationship with the EU.

However, he says that could happen without rejoining the bloc.

He says the door will always be open for better co-operation between Britain and the European Union:

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