Peadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

Professor McHale's report mentioned that the Government estimates the fiscal space to be approximately €8 billion and discussed the fact that much of the fiscal space will be consumed by demographic pressures and expenditure responsibilities the State will have in the future.

This means the estimate of the actual fiscal space, if current delivery stands still, is far smaller. What would Professor McHale imagine that to be?