Irish lawmakers offer initial OK for brutal budget - Yahoo! Finance: "DUBLIN (AP) -- Lawmakers narrowly approved tax hikes Tuesday as part of Ireland's most brutal budget in history, a euro6 billion ($8 billion) slash-and-tax plan imposed as a key condition of the nation's international bailout.
Rejection following Tuesday's publication of the long-awaited 2011 budget would have forced Prime Minister Brian Cowen's resignation and snap elections -- and raised doubts about whether Ireland could tap euro67.5 billion ($90 billion) from the European Union and the International Monetary Fund."
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