Pádraic McCormack (Galway West, Fine Gael)

I support strongly amendment No. 2. Contrary to what Deputy Mulcahy stated, this is the time for action — there is no other time. We are giving now what we are giving to the institutions and we will go out of the House with no credibility if we do not tackle the issue of exorbitant salaries and send out a clear message in this regard. I noted today that some executives are earning €9,781 per day. How can we justify that? The second of the top three was earning €8,493 and the third was earning €6,301. We cannot have any credibility if we do not put a considerable cap on the expenses and salaries of those people. We cannot sell this to ordinary people.

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