Results 5,741-5,760 of 6,295 for speaker:Michael D'Arcy

Vulture Funds: Motion [Private Members] (28 May 2019)

Michael D'Arcy: When we were trying to rebuild the economy and put people back on their feet and back into employment, where they are now, so that they would have the dignity of work-----

Vulture Funds: Motion [Private Members] (28 May 2019)

Michael D'Arcy: -----there were parties and individuals who were trying to trip us up every step of the way and vote against everything, including Deputy Mattie McGrath. I refer to the blinding negativity that they express on all occasions, every time they get to their feet. It is the same ignorant speech that shows they do not understand what is happening.

Vulture Funds: Motion [Private Members] (28 May 2019)

Michael D'Arcy: I never said that we know it all.

Vulture Funds: Motion [Private Members] (28 May 2019)

Michael D'Arcy: I never said that we get it all right-----

Vulture Funds: Motion [Private Members] (28 May 2019)

Michael D'Arcy: -----but we do not always get it all wrong. Every economy is attached to employment figures and when one gets employment right, the economy flows and it has flowed to a point where we have grown and grown. I cannot recall the number of quarters of consecutive growth we have had. That is what we have done for the people of Ireland who are back to work and who have the dignity of work. The...

Vulture Funds: Motion [Private Members] (28 May 2019)

Michael D'Arcy: I did not read my script.

Vulture Funds: Motion [Private Members] (28 May 2019)

Michael D'Arcy: I apologise.

Saincheisteanna Tráthúla - Topical Issue Debate: Insurance Costs (29 May 2019)

Michael D'Arcy: I will not be commenting on the case that Deputy Mattie McGrath mentioned. I have never spoken about an individual case. I have been doing this job for two years and I do not intend to speak about an individual case before it gets to court, when it is in court or afterwards. I love how Deputy Mattie McGrath is almost always entirely wrong. He said there is an unwillingness to deal with...

Saincheisteanna Tráthúla - Topical Issue Debate: Insurance Costs (29 May 2019)

Michael D'Arcy: To clarify, I did not say that the Deputy is always wrong but, rather, that he is almost always wrong. I welcome the fact that he has committed to supporting the Bill. He is a member of the Business Committee, along with the Chief Whip, and I welcome the fact that he has committed to getting the Judicial Council Bill through as quickly as possible. The insurance companies are no white...

Seanad: National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018: Second Stage (12 Jun 2019)

Michael D'Arcy: I am pleased to appear before the House to take Second Stage of the Bill. The Bill is an important plank of the medium and long-term policies of the Government, putting our national finances on a sound and sustainable footing and building our resilience to external shocks. The national surplus reserve fund for exceptional contingencies, or rainy day fund, will be an economic buffer...

Seanad: National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018: Second Stage (12 Jun 2019)

Michael D'Arcy: I thank Senators Horkan, Boyhan, Kieran O'Donnell, Conway-Walsh and Lawlor for raising these issues. I will deal with the questions raised. Senator O'Donnell asked about the liquidity of the fund. I am proposing a highly liquid fund which will be held as a near cash fund so that it can be accessed very quickly if required. Senator Lawlor asked the same question. This would distinguish it...

Seanad: National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018: Second Stage (12 Jun 2019)

Michael D'Arcy: Perhaps I mistook what she said. I understood she said we are not spending enough on health or on housing but we are. We will spend €18 billion on health in 2019. We have never spent more on health. In terms of housing, we are spending €2.4 billion. Again, we have never spent more on housing. The issue is whether we keep spending more money on those sectors but perhaps not...

Seanad: National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018: Second Stage (12 Jun 2019)

Michael D'Arcy: Senator Conway-Walsh has pulled me up previously stating that I mistook what she said to me and I do not want to do that now. What I am trying to do is to give an explanation. This fund could potentially be a Brexit stability fund and perhaps the Senator will vote in favour of the Bill. This fund could potentially be used for a banking crisis. It is open enough and we are not prescribing...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)

Michael D'Arcy: I welcome the opportunity to provide an update on the work of the cost of insurance working group to the committee. My primary focus in this address will be on business insurance. I am very conscious of the difficulties that the cost and availability of insurance are creating for many businesses and voluntary and community groups. I can understand the frustration that many people have with...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)

Michael D'Arcy: I will highlight my understanding of the schedule, which is not within my control or the control of the Oireachtas. As I said, we expect Report Stage of the Bill will be taken in the Seanad next Thursday. I hope it will conclude the same day. It will subsequently be moved to the Dáil as quickly as possible. I apologise for repeating myself but it was understood that the Judicial...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)

Michael D'Arcy: I would like to see the work done and the committee's consideration of the figures concluded so that the figures can become the new guidelines before the end of this year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)

Michael D'Arcy: In the event of a no-deal Brexit on 31 October, people whose vehicles are properly insured in Ireland will be obliged to carry the green card in Northern Ireland. I am of the view that the insurance companies should automatically send out a green card for every car insured here. It is then a matter for individuals travelling to Northern Ireland or the UK to take that card with them. The...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)

Michael D'Arcy: I intend to meet the insurance companies directly. It is something I have done on one occasion before. I will ask all of the insurance companies to come in to discuss a number of issues, of which this will be one.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)

Michael D'Arcy: I thank the Vice Chairman for trying to protect me. The issue the Deputy raises does not fall within the scope of my side of the Department but I will raise it with the Minister.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)

Michael D'Arcy: I cannot accept figures that are presented to me when I know nothing of how they have been compiled. I accept that 500 people have responded and that the analysis is based on those responses. However, I do not know if it is a representative sample or if-----