Oireachtas Joint and Select Committees

Thursday, 19 June 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report 2014: Irish Fiscal Advisory Council

2:45 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

I suppose the result of the local elections and European elections was because of the pressure of people's lives. It feeds into the system. It is relative to people's lives. That is the way the system works.

The last part of this is the adjustment that the Irish Fiscal Advisory Council purports to be necessary. If one makes an adjustment of €2 billion in cuts and taxes, what effect will it have on GDP?

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