Oireachtas Joint and Select Committees
Tuesday, 17 September 2019
Committee on Budgetary Oversight
Pre-Budget Scrutiny: Minister for Finance
Lisa Chambers (Mayo, Fianna Fail) | Oireachtas source
That is the process of questioning at a committee. I read the Minister's opening statement, which indicates that public spending must only be financed by revenue that is predictable and sustainable. Corporation tax receipts are neither predictable nor sustainable and yet they were used to plug considerable holes in health spending last year. It looks like we are on track for significant overrun in that Department's expenditure again this year. IFAC has also taken that opinion. It seems that although the Minister for Health has been asked not to oversee an overrun in his budget, he consistently does it anyway. I assume a supplementary budget will yet again be forthcoming to plug another hole in the health area.
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