Oireachtas Joint and Select Committees

Tuesday, 28 May 2019

Committee on Budgetary Oversight

National Broadband Plan: Minister for Public Expenditure and Reform

Photo of Brian StanleyBrian Stanley (Laois, Sinn Fein)
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Obviously, the Minister cannot magic up income to fund capital spending. That money must come from somewhere and must come from State income - taxation and other sources of income. How is the Minister going to spend money twice? If he is going to use this pot of money for the national broadband scheme to subsidise this private operation, which the State will not own, he must do one of two things. He must either cut projects or raise new taxes.