Kieran O'Donnell (Fine Gael) | Oireachtas source

Mr. McCarthy might expand on that. Mr. McCarthy made reference to many different changes. The ordinary person will want to know certain things. We have spoken about jobs and 40,000 fewer jobs was mentioned. Increasing the terms of the national debt by €20 billion was mentioned. A reduction in exports to the UK by one third was also mentioned, something which will have an exponential impact on the SME sector because they are exporting to the UK. Many of those in the sector are constituents of mine in Limerick that employ a lot of local people. This is my question: What impact will Brexit have on the overall tax intake and, by implication, the money available for spending on public services?

Is it true to say that Mr. McCarthy sees no requirement to adjust the current budget?