Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

My preference at this point would be to keep it out of the rainy day fund and that is what I will work through with the committee in the coming months. When this idea was originally conceived, regardless of who the parent of it was, it was about having a rainy day fund to deal with global shocks and how an open economy can respond to big events beyond its control. One of the ideas I have just brought to bear in this debate is that there are other things that can happen that are not at that level of difficulty but to which the Government of the day would still need to respond quickly and there are different ways of doing that.