Oireachtas Joint and Select Committees

Tuesday, 7 July 2020

Special Committee on Covid-19 Response

Impact of Covid-19: Overall Fiscal and Monetary Position

Photo of Jennifer Carroll MacNeillJennifer Carroll MacNeill (Dún Laoghaire, Fine Gael)
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When Mr. O'Connor is going out and having these conversations, he has to tell Ireland's story on our behalf and has to explain what the money is for and the credibility of that. The additional money we have to borrow to fund the economy through this public health emergency is a credible use but if we were to try to borrow the same amount for an unwarranted permanent increase in current spending, he would not get the same response.