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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: We will begin our review of the fiscal assessment report, September 2012. From the Irish Fiscal Advisory Council, I welcome Professor John McHale, chairman, Professor Alan Barrett, council member, Mr. Sebastian Barnes, council member, Dr. Donal Donovan, council member, and Mr. Diarmaid Smyth, chief economist. I understand that Dr. Róisín O'Sullivan is unable to attend today's...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: In order to have a good question and answer session this afternoon I appeal to people to keep their contributions short and to the point, if possible. Deputy McGrath, you indicated that you wished to ask some questions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: In order to ensure there is balance in terms of how much time can be allocated to each member, I would be obliged if the delegates would try to sharpen up their answers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: I am hoping for short, sharp answers because there are several members wishing to speak and I want to accommodate as much to and fro as possible.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: The Deputy took ten minutes to make his contribution. If there are no objections, I will ask Mr. McHale and his colleagues to be brief when replying.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: One or two other members of the council might like to add their comments.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: There is. The way it works is that when there is legislation or a Government representative, all speakers on the Opposition side go first, followed by members on the Government side. When there is not a Minister present or legislation is not being taken, we move back and forth.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: Now I am taking two members on the Government side. That is as fair as could be.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: Deputy Peter Mathews is down the line. Deputy Joe Higgins is next.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: Has the Deputy a question?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: Sorry, Deputy; other members have also waited two hours and are still waiting to speak. The Deputy should pose a series of questions to the delegation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: Deputy Mathews, I could stop you from contributing.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: Will you ask questions rather than making a statement to the delegation? They have been with us for two hours and they have at least another hour to spend here. Will you please put some questions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: Sorry, Deputy Mathews.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: I know Deputy Mathews can hear me.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: Sorry, Deputy Mathews.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: Deputy Mathews, I am going to ask-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: I will ask for Deputy Mathews's microphone to be switched off.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: Would Deputy Mathews please show a little respect for the Chair?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council (27 Sep 2012)

Liam Twomey: The reply will be fairly short because I do not remember hearing any questions being asked. That contribution was long enough and Professor McHale can keep the reply fairly short.

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