Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

We had a meeting of the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach, which Deputy McGrath also attended. Unfortunately, we had a clash, but I am glad to be able to ask questions of the Irish Fiscal Advisory Council. My first question follows from the last conversation on revenue buoyancy and unexpected gains in terms of corporation tax receipts or otherwise. Will witnesses explain to the committee how this impacts on the expenditure benchmarks? If we have an expenditure benchmark and if the rate of growth in terms of expenditure is a certain amount how can these additional receipts, perhaps €2 billion extra that was not forecasted, impact on the expenditure benchmark, or does it?