Oireachtas Joint and Select Committees
Thursday, 6 July 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015
9:00 am
Mr. John McCarthy:
The rules prevent us from spending one-off revenue. That is what was done in the bad old days when we were spending one-off transitory revenue to finance expenditure.
That is why we had one of the worst fiscal crises of any advanced economy ever. The rules prevented us from doing that but the Taoiseach-----