Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

I think the situation has improved a lot and a lot of the changes that have been made are systemic and they'll be difficult to unwind, but there is pressure to restore everything we cut and everything we changed. Now, like, if you ... if you change back to where we started, you're only going back to the causes of the problem. The other issue is in the dialogue down in Dublin Castle. Everyone around the table had plans to spend far more than we'll ever have and every ... practically every submission was for extra spending. And the problem with the public economic debate in Ireland is nobody stands up for the taxpayer. Nobody stands up for the taxpayer in this country, even the people who should stand up for the taxpayer.

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