Dáil debates
Wednesday, 4 March 2009
Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee and Remaining Stages
5:00 pm
Kieran O'Donnell (Limerick East, Fine Gael)
If the banks require further funds, where will that funding be found? We cannot borrow the necessary amounts, so the National Pensions Reserve Fund is the only option.
Deputy Bruton's proposal is reasonable. Taxpayers will not stand for a situation where more of their money is put into the banks without there being some discussion in the Dáil beforehand. It is as simple as that.
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