Oireachtas Joint and Select Committees

Wednesday, 23 October 2024

Committee on Budgetary Oversight

Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council

5:30 pm

Photo of Seán CanneySeán Canney (Galway East, Independent)
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If one considers the surplus taxes that we have coming in now and the fact that some of that is being stored away in the so-called rainy day fund, is that the type of action that a good government should be taking so that we have reserves when we need them?

An example of an area about which people are very frustrated is that of house building. Private housing is not being built. That market is dysfunctional. Do we throw money at it? Do we nationalise house building? Now that we have reserves, should we be doing that because it is not just a housing crisis but a crisis that is damaging our economy?