John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Dr. McDonnell is correct about the fiscal rules and the need for change. Given that treaty reform is unlikely, the existing structural provision will have to be expanded and changed in some way that will not require a treaty change but will allow the fiscal space to be dramatically altered in order that we can make such capital investment that everybody agrees is required. I am not trying to cut Dr. McDonnell short but I do not want the meeting to be too repetitive. I want to let Deputies Boyd Barrett and Burton in and the others afterwards.