David Cullinane (Waterford, Sinn Fein) | Oireachtas source

I move amendment No. 1:

(a) To insert the following after “further notes”:“- that the need for public investment has been highlighted by groups and organisations as diverse as IBEC, the Economic and Social Research Institute, the Nevin Economic Research Institute, the Think-tank for Action on Social Change, the European Commission, the Irish Fiscal Advisory Council and Social Justice Ireland;

- that given almost ten years of under-investment and unmet demographic pressures, the Government’s shockingly low level of capital investment is reckless and unsustainable;” and(b) To insert the following after “flood defence schemes as part of capital expenditure plans”:

“- deficit in public capital investment which is not capable of addressing the serious infrastructural issues facing the Irish State;

- fact that the Irish State has one of the lowest spends in public capital investment in the European Union;

- current level of public investment which is simply too low to provide the flood relief, housing, services and infrastructure that is so desperately needed;

See this speech in context