Oireachtas Joint and Select Committees
Thursday, 18 October 2012
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Fiscal Responsibility Bill 2012: Committee Stage
2:10 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Will the Minister answer the question? How will we calculate the structural deficit? Section 2 refers to compliance with "the requirement imposed by section 4 (the debt rule)," and the budgetary rule. How will the Government calculate them? If the Minister does not know how he will calculate the structural deficit, he need only tell us. I do not want to replay the referendum but this is about the legislation that the Minister is asking us to pass on Committee Stage. How will the Government calculate the deficit rule? The structural deficit is central to the Bill.
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