Dáil debates
Wednesday, 20 May 2020
Covid-19 (Finance): Statements
2:00 pm
Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source
Is a two-pronged approach being considered? Clearly there is the crisis impact, the crisis period of Covid at the extreme end and then there is the recovery component. Is a relaxation of the rules on the excessive deficit procedure being considered? Living within the fiscal rules would be a bit of a straitjacket in terms of investing or providing a stimulus in the form of capital spending on housing, sustainable transport, human capital and so on. Have there been discussions about that at this early stage?
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