Oireachtas Joint and Select Committees
Wednesday, 13 September 2017
Committee on Budgetary Oversight
Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute
2:00 pm
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Yes, I understand that.
We have heard much comment about the potential overheating of the economy. We know where we are at with the housing crisis in terms of the number of units that are being built. Different reports have been submitted stating that we need to be building 50,000 units per year. Let us assume the Government gets its act together and 50,000 houses are being built, on the type of fiscal stance the Government has adopted, which is one third tax cuts and two thirds expenditure, is that sound, or will we overheat the economy if we have that number of houses being built with that level of tax cuts?
No comments