Oireachtas Joint and Select Committees

Tuesday, 28 March 2017

Committee on Budgetary Oversight

Review of the Capital Plan: Construction Industry Federation

4:00 pm

Mr. Tom Parlon:

When we say 4%, we are referring to the target. We propose that there should be a target because 1.8% is not sufficient. It sneaks under the radar. I agree with the Deputy and I can understand why it is much easier to cut or delay the capital programme, which is in effect cutting it, than it is to cut the current one. Clearly we will reap the results of that. We need the fiscal space to-----