Dáil debates

Wednesday, 29 May 2013

Financial Emergency Measures in the Public Interest Bill 2013: Committee Stage

 

4:50 pm

Photo of Patrick NultyPatrick Nulty (Dublin West, Labour) | Oireachtas source

----- to put this on the record in the only opportunity available to me.

Section 1 of the actual Act refers to the context for the Bill, that is, of Ireland receiving financial support from the IMF and the European Union. It refers to targets in respect of Ireland's budget deficit agreed with the European Union and the troika. However, this does not in any way justify the need to take €300 million out of workers' pockets while clear alternatives are available. It is premature to bring the Bill into the House today. Trade unionists are being placed in an impossible and invidious position, many of whom will vote "Yes" to the agreement for understandable reasons, because this Bill, if passed, would make their conditions worse. A sword of Damocles is being placed over their heads but were they to vote "Yes" to the agreement, that somehow would be presented as agreement with the economic strategy. However, I do not believe this in any way accurately reflects their view. If Members wish to deal with the deficit, which I accept, and if they wish to bridge the gap between what is taken in and what is given out, which I believe must be done, then the way to do this is through progressive taxation measures.

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