Oireachtas Joint and Select Committees

Tuesday, 15 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Pre-Budget Submissions: Discussion

4:10 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

Could I just put to Ms Burke the potential flaw in IBEC's argument in the following terms? On the face of it, Ms Burke talks about an adjustment of €200 million when one nets it all out but for many people, the more significant figures are actually the adjustment figures. I refer to the €500 million in respect of water charges. I also refer the few shillings in the pockets of the people IBEC is targeting with its adjustments in tax. Many of those people will see that flittered away as they pay their water charges. One has the additional issue of those current expenditure adjustments because it must come from somewhere. Does it come from the welfare budget, for instance?

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