Oireachtas Joint and Select Committees
Wednesday, 2 February 2022
Committee on Budgetary Oversight
Indexation of Taxation and Social Protection System: Discussion (Resumed)
Seán Canney (Galway East, Independent) | Oireachtas source
One of the risks is that everything is going one way and the next thing it drops leading to a recession or whatever then we have a clawback. We also have a situation where we have an inability to pay clause by the Government if we have a serious recession.
I am coming at this other issue with my Joint Committee on Disability Matters hat on. The Indecon report that was produced a short time ago stated that the additional cost of living for somebody with a disability is €9,000. If we set up a system where we have indexation, we would need to calibrate where there are deficiencies at the moment to bring them up to a level. Is that something the ESRI could see being done? I know it is a political decision at the end of the day but is it something that would merit serious consideration in order to take the anomalies that exist for people with disabilities out of the system ? How would the ESRI approach it from an economic point of view? How would it advise the Minister?
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