Gerry Adams (Louth, Sinn Fein)

He said the treaty is a first step towards a fiscal union. Sin an ceist. He stated the national governments across Europe will be obliged to accept the delegation of fiscal sovereignty to some form of central authority. The Taoiseach has indicated his desire to be the Taoiseach who retrieves Irish sovereignty and yet he agrees with handing over fiscal sovereignty to a European central authority. As the Taoiseach is aware he cannot have it both ways, he should tell Members the reason he believes that decisions on tax increases, spending cuts or welfare rates should be made in Brussels or Berlin instead of in Ireland.

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