Results 5,061-5,080 of 15,555 for speaker:Eoghan Murphy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Yes. You don't need to go over it again, I just wanted to clarify that.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Okay. Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Thank you, Chairman, and thank you, Mr. McCreevy. Just a couple of brief questions if I may and it's just in relation to your approach to budgets to try and understand the level of analysis done by the Department. Because throughout various points of your evidence today, it has not been clear what degree of analysis had been done prior to a budget proposal and what degree of analysis had...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Where did that idea come from?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Okay. Did you have any analysis for it as to what the outcome might be?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Thank you, Mr. McCreevy. I'm not interested in the proposal itself, just in the approach is what I am asking about. Was it your usual practice to come up with a policy idea without informing your officials?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: This particular cut, you had informed your officials, I think, two weeks before the budget?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: No. The CGT, capital gains tax------.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Okay and they were ... I think their understanding was that you might be introducing it over a series of years but you wanted to go ahead and do it immediately. Is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: And when did the Taoiseach first hear about this?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: But that budget, two weeks beforehand you tell your officials.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: So, when do the Cabinet and the Taoiseach find out about it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: A considerable time being six months, being three weeks, being-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Okay. In Brian Cowen's first budget day speech as Minister, he said that the budget is the initiative of Government as a whole and not simply the work of the Minister for Finance. What did he mean by that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: What ... is he implying something there?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Do you think he was implying something there, when he says that's an initiative of the Government as a whole and not simply the work of the Minister for Finance?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Yes, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: So he wasn't implying a change-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: -----from how you-----