Oireachtas Joint and Select Committees
Tuesday, 13 September 2016
Committee on Budgetary Oversight
Pre-Budget Statement: Irish Fiscal Advisory Council
1:05 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
I thank Professor McHale and his colleagues. Picking up on Deputy Chambers's theme of the overall package and the €2.4 billion, of which €1 billion is the headline, as has been much discussed, his words are very carefully chosen, as they always are, when he talks about it being at the limit of the range of prudent policy. Is that another way of saying it is just about acceptable - that if it were anything beyond that, it would not be acceptable, but he would rather it be lower than, let us say, the €1 billion of new measures? It is that the thrust of what he is saying?
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