Oireachtas Joint and Select Committees

Thursday, 22 November 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Public Service Reform Plan: Discussion with Minister for Public Expenditure and Reform

10:35 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I accept that, but I am making the point that the primary deficit is considerably smaller and that there are other ways to bridge it. I argue that to finance the other aspect of the debt, we are doing things that are preventing us from closing the deficit through the generation of growth. The primary deficit is manageable and we could deal with it through a change in tax policy and greater levels of investment.

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