Dáil debates

Tuesday, 13 October 2015

Financial Resolutions 2016 - Budget Statement 2016

 

3:55 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

-----and then went on to implement his national recovery plan and better still, to claim credit for it. They told us they would burn the bondholders but all the Government did was to burn their election promises. The Government told Members it had secured a game-changer of a deal on bank debt but it turned out to be little more than hype. The deal on bank debt never materialised. Fine Gael and the Labour Party told families struggling with mortgage debt that their homes would be safe from the back. Instead, they diluted the rights of mortgage holders and made repossessions quicker and easier.

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