Dáil debates

Tuesday, 22 May 2018

3:10 pm

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour) | Oireachtas source

As this is my first opportunity to do so, I join others in expressing my horror and revulsion at the murders in recent days of a child, Ana Kriegel, and a young woman, Jastine Valdez.

I wish to ask the Taoiseach about reports that the Cabinet today discussed the introduction of legislation to establish a rainy day fund. When will this legislation be introduced? The fiscal rules will uniquely prohibit the deployment of a rainy day fund on a rainy day. The whole idea of having a reserve fund is to deploy it when one needs to do so, but the fiscal rules will work counter to that. Is it not more logical to expend money now to prevent that rainy day happening by ensuring we have investment in infrastructure and the deficiencies we have identified in recent years?

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