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{
    "id": 941647,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/941647/?format=api",
    "text_counter": 563,
    "type": "speech",
    "speaker_name": "Sen. Orengo",
    "speaker_title": "The Senate majority Leader",
    "speaker": {
        "id": 129,
        "legal_name": "Aggrey James Orengo",
        "slug": "james-orengo"
    },
    "content": " Mr. Deputy Speaker, Sir, the Greek debt crisis at the end was resolved by looking for other sources of funds from Europe. The Greek Government said: We are overburdened by debt, how can we resolve this? They increased the taxes like VAT and brought in austerity measures. One of the things that we as leaders are not prepared to live with is austerity measures. That means, we do not have projects, they must stall the way they are. We must reduce our salaries like the Government of Libya tried; they reduced salaries including of the President. I think the President was not even earning a salary; he was earning allowances. Those austerity measures have also got consequences but I do not know whether this Parliament or the people of Kenya are prepared to live with these austerity measures. Those can even be more drastic like they tried in Greece. In Greece, they ended up looking for structured borrowing and the source of that money was the European Union. The great depression in America was partly caused by debt. The biggest growth of the US economy was after the great depression because they did not push the country into austerity. They went to build roads. The biggest infrastructures in the USA were built after the Great Depression. I am urging this Parliament that, yes, we are in the dog house; how do we get out of it? That is what I have been waiting to hear throughout the debate this afternoon. I have not heard a single proposal of how we can get out of this debt crisis. Not even a suggestion that we should increase taxes. Right now, the Kenya Revenue Authority (KRA) is criminalizing their tax recovery process because they cannot meet their targets. They are running to criminal courts because people are not paying taxes. Once you take the taxpayer to a criminal"
}