Dáil debates

Thursday, 1 October 2015

Other Questions

Government Expenditure

10:25 am

Photo of Mick WallaceMick Wallace (Wexford, Independent) | Oireachtas source

According to NERI's Quarterly Economic Observer, which uses the data from the IMF's fiscal monitor, Ireland currently has the third lowest government expenditure in the EU. It stated that if the current trend of low taxes, leading to lower public service provision, leading to higher cost of living and consequently to calls for tax cuts continues Ireland could end up with the lowest public expenditure in the EU. In the upcoming budget the Government is proposing a 50:50 split between the two. Does he not believe we should lean more heavily on investments rather than tax cuts given that so many people are in a difficult place?

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