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Stabilisation of the Public Finances: Motion (Resumed) (4 Feb 2009)

Richard Bruton: Regardless of the figure, tax buoyancy has to come out of that. If €1.81 billion is taken out of the economy, approximately 25% of that comes out in reduced taxes.

Stabilisation of the Public Finances: Motion (Resumed) (4 Feb 2009)

Richard Bruton: Where are those calculations? It is appalling that we are having a debate which is tantamount to a revision of the budget and the Estimates. We still do not have any tax forecasts or tables spelling out the tax buoyancy impact, nor do we have any analysis of the new forecast. The Minister has abandoned the forecast he had at the time of the budget and we do not have any analysis of his new...

Stabilisation of the Public Finances: Motion (Resumed) (5 Feb 2009)

Richard Bruton: The most sobering aspect of this debate relates to the appalling figures released by the Central Statistics Office, CSO, in respect of unemployment. Proposals have not yet been put forward with regard to the immediate restoration of the flow of credit to small businesses which may, as a result of overdraft restrictions, be forced to cease their operations for want of such credit and working...

Stabilisation of the Public Finances: Motion (Resumed) (5 Feb 2009)

Richard Bruton: I seek a "Yes" or "No" reply from the Minister. Will the cuts the Minister announced deliver a reduction of €2 billion in the borrowing requirement? If not, what will be the reduction? Is the Minister open to change in the pension levy given its unfair structure? Has the Government issued a directive to every State body, including commercial State bodies, that there must be no pay...

Stabilisation of the Public Finances: Motion (Resumed) (5 Feb 2009)

Richard Bruton: The impact of the measures will be closer to €1 billion.

Stabilisation of the Public Finances: Motion (Resumed) (5 Feb 2009)

Richard Bruton: Which revised tax assumptions? We have not seen them.

Stabilisation of the Public Finances: Motion (Resumed) (5 Feb 2009)

Richard Bruton: Has a directive been issued to State bodies?

Written Answers — Banking Sector Regulation: Banking Sector Regulation (5 Feb 2009)

Richard Bruton: Question 81: To ask the Minister for Finance if a draft legislative proposal for the nationalisation of Anglo Irish Bank was prepared by officials in his Department in September 2008; and if he will make a statement on the matter. [3940/09]

Written Answers — Banking Sector Regulation: Banking Sector Regulation (5 Feb 2009)

Richard Bruton: Question 82: To ask the Minister for Finance the tier 2 capital securities on Anglo Irish Bank's balance sheet; if, following nationalisation of the Anglo Irish Bank, these securities are available to absorb future losses in the event of a wind-up of the bank, thereby minimising the taxpayer's exposure; and if he will make a statement on the matter. [3941/09]

Written Answers — Nursing Home Subventions: Nursing Home Subventions (5 Feb 2009)

Richard Bruton: Question 120: To ask the Minister for Health and Children the action which can be taken to assist a patient who is receiving the maximum rate of subvention from the Health Service Executive for a nursing home place, who has sold their home and used the proceeds to fund their nursing home costs, but nonetheless has now entered a situation in which they have no assets and an arrears is...

Order of Business (10 Feb 2009)

Richard Bruton: With regard to the proposal on No. 8, this is the arrangement where each year a certain proportion of money that is not spent under capital budgets is allowed to roll over into the next year. The level of information we get on the capital budgets and their performance against criteria of performance is hopeless. The Dáil is in the dark as to whether projects are on time, ahead of time,...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (10 Feb 2009)

Richard Bruton: Question 192: To ask the Minister for Finance if he or the regulator was aware of the degree of concentration of Anglo Irish Bank's loan book when he announced the decision to nationalise the bank; and if he will make a statement on the matter. [4294/09]

Written Answers — Banking Sector Regulation: Banking Sector Regulation (10 Feb 2009)

Richard Bruton: Question 193: To ask the Minister for Finance if he or the Financial Regulator had been informed of recent changes to the terms of the security of loans issued by Anglo Irish Bank prior to his announcement of the decision to nationalise the bank; and if he will make a statement on the matter. [4295/09]

Written Answers — Banking Sector Regulation: Banking Sector Regulation (10 Feb 2009)

Richard Bruton: Question 194: To ask the Minister for Finance if he or the Financial Regulator had investigated the circumstances surrounding loans issued by Anglo Irish Bank in the summer of 2008 for the purchase of shares in Anglo Irish Bank prior to his announcement of the decision to nationalise the bank; and if he will make a statement on the matter. [4296/09]

Written Answers — Fiscal Policy: Fiscal Policy (10 Feb 2009)

Richard Bruton: Question 195: To ask the Minister for Finance if, with regard to the recent Budgetary Projections 2008 to 2013 (Addendum to the Irish Stability Programme January 2009) published by his Department, the GDP, GNP and tax forecasts published in the addendum are projected on a budget neutral basis before the impact of fiscal consolidation measures. [4297/09]

Written Answers — Fiscal Policy: Fiscal Policy (10 Feb 2009)

Richard Bruton: Question 196: To ask the Minister for Finance the way, with regard to table six in the recent Budgetary Projections 2008 to 2013 (Addendum to the Irish Stability Programme January 2009) published by his Department, he has allocated the fiscal consolidation objective between different components of revenue and expenditure. [4298/09]

Written Answers — Fiscal Policy: Fiscal Policy (10 Feb 2009)

Richard Bruton: Question 197: To ask the Minister for Finance if, with regard to the latest Budgetary Provisions 2008 to 2013 (Addendum to the Irish Stability Programme January 2009) published by his Department, the projections include expenditures for bank recapitalisation and receipts under the charge of the bank guarantee for the covered institutions. [4299/09]

Written Answers — Fiscal Policy: Fiscal Policy (10 Feb 2009)

Richard Bruton: Question 198: To ask the Minister for Finance the breakdown of the projected capital resources and capital appropriations-in-aid with regard to the latest Budgetary Provisions 2008 to 2013 (Addendum to the Irish Stability Programme January 2009) published by his Department. [4300/09]

Written Answers — Fiscal Policy: Fiscal Policy (10 Feb 2009)

Richard Bruton: Question 199: To ask the Minister for Finance if, with regard to the latest Budgetary Provisions 2008 to 2013 (Addendum to the Irish Stability Programme January 2009) published by his Department, he will provide an updated reconciliation between the general Government balance and the Exchequer balance for 2009 to 2013. [4301/09]

Written Answers — Fiscal Policy: Fiscal Policy (10 Feb 2009)

Richard Bruton: Question 200: To ask the Minister for Finance if he will outline the assumptions he has made regarding public sector pay growth and the non-pay deflator for Government consumption in forecasting gross voted current spending with regard to the latest Budgetary Provisions 2008 to 2013 (Addendum to the Irish Stability Programme January 2009) published by his Department. [4302/09]

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