Dáil debates

Thursday, 24 November 2016

Other Questions

Departmental Contingency Planning

3:25 pm

Photo of Tommy BroughanTommy Broughan (Dublin Bay North, Independent) | Oireachtas source

We appear to be facing a triple whammy. We previously discussed the potential impact of Brexit on revenue and expenditure. I discussed with the Minister for Finance, Deputy Michael Noonan, quantitative easing which looks like it will taper off in 2017. The third whammy is the upcoming presidency of Donald Trump. Many of us still cannot understand how in such a close federation as the United States it is possible for a candidate to win the popular vote overwhelmingly and still not become President. We are faced with President-elect Trump. Based on the indications we have had in the very often confused and rambling pronouncements of the President-elect during the campaign, are we right to be concerned? Is the Minister taking any steps to see how this might impact on our expenditure?

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