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{
    "id": 1078744,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1078744/?format=api",
    "text_counter": 266,
    "type": "speech",
    "speaker_name": "Nakuru Town East, JP",
    "speaker_title": "Hon. David Gikaria",
    "speaker": {
        "id": 2489,
        "legal_name": "David Gikaria",
        "slug": "david-gikaria"
    },
    "content": "When you look at the Budget and see deficits sometimes it hurts because you can only imagine that if you have a deficit, it means one or two things. We will either have to tax Kenyans more or borrow. Of course, it has been said by many speakers that the debt ceilings of this country are worrying. In as much as the Leader of the Majority Party has said, it is good to borrow but we must borrow for purposes of production and not consumption. When we see a Budget with a deficit then it is important for us as we approve to understand where this money will come from. If it will come from excessive and unbearable taxes which will be carried by our constituents then as Parliament we should try and stick within our means and reduce the deficits so as not to encourage a lot of taxation, foreign or local borrowing which attracts a lot of interest."
}