Oireachtas Joint and Select Committees
Tuesday, 6 December 2016
Committee on Budgetary Oversight
EU Directorate-General Economic and Financial Affairs: Discussion
5:00 pm
Pearse Doherty (Donegal, Sinn Fein)
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The headline is that the Commission is recommending expansionary policies, but that does not affect Ireland because the Commission is saying that Ireland has a high level of public debt and that there are signs of the country overheating. What the Commission is basically saying is to use the expenditure available to deal with that issue, which is investing in the long term rather than tax cuts or short-term expenditure.