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Written Answers — Health Services: Health Services (16 Jun 2010)

Joan Burton: Question 108: To ask the Minister for Health and Children the position regarding the provision of respite support by a charity (details supplied) in Dublin 7; if she will confirm that this service is to be discontinued and explain the rationale for this decision; if her attention has been drawn to the negative effect the discontinuation of this service will have on persons who depend on the...

Written Answers — Voluntary Health Insurance: Voluntary Health Insurance (16 Jun 2010)

Joan Burton: Question 126: To ask the Minister for Health and Children the timeline for the injection of funds into the VHI to enable it to meet its solvency requirements in advance of privatisation; the level of funding she expects to have to inject into VHI before its privatisation; and if she will make a statement on the matter. [25621/10]

Order of Business. (17 Jun 2010)

Joan Burton: It is a bit tigerish looking.

Order of Business. (17 Jun 2010)

Joan Burton: Did the Tánaiste hear my comment? It is a bit tigerish looking.

Order of Business. (17 Jun 2010)

Joan Burton: The Bill on the European stabilisation fund - a type of IMF for Europe - is coming before the House on Thursday. It is an important Bill with implications for Ireland and significant amounts are involved. We can view this in the context of statements yesterday concerning the €20 billion of the €22 billion given to Anglo Irish Bank having gone down the drain, according to the chief...

Order of Business. (17 Jun 2010)

Joan Burton: This is on the Order of Business. It is being rushed in next Thursday and I believe everybody in the House will support it. Rushing finance Bills with no information or detail on the small print is a recipe for disaster. The Taoiseach, Deputy Brian Cowen, did this when Minister for Finance and it allowed Anglo Irish Bank to get involved-----

Order of Business. (17 Jun 2010)

Joan Burton: -----in the securitisation of bonds.

Order of Business. (17 Jun 2010)

Joan Burton: It was also done earlier with Irish Nationwide on the eve of a recess. The track record-----

Order of Business. (17 Jun 2010)

Joan Burton: -----in respect of the House passing rushed finance legislation, containing special little provisions for special people, is bad.

Order of Business. (17 Jun 2010)

Joan Burton: Will the Tánaiste ask the Minister for Finance if he will provide a written briefing to Opposition finance spokespersons and also to the members of the Joint Committee on European Affairs, who are heavily involved with this matter? There is a need to properly monitor and examine the position in the best interests of the country. The legislation is extremely important.

Order of Business. (17 Jun 2010)

Joan Burton: On that point, the representatives from the bank who appeared before the committee said the opposite. We see the Bill for what it is.

Order of Business. (17 Jun 2010)

Joan Burton: They said the opposite.

Order of Business. (17 Jun 2010)

Joan Burton: One could see the jaws of the Fianna Fáil members of the committee drop when they were informed that €20 billion of taxpayers' money-----

Order of Business. (17 Jun 2010)

Joan Burton: That €20 billion has disappeared down the drain. That is a scandal.

National Debt (17 Jun 2010)

Joan Burton: Did I hear the Minister say that he expects interests costs this year to be above €5 billion and to perhaps increase to approximately €7.5 billion owing to the amounts and bond spreads involved?

National Debt (17 Jun 2010)

Joan Burton: They will be €75 billion.

National Debt (17 Jun 2010)

Joan Burton: If the interest costs estimated by the Department of Finance for next year are €7.5 billion and last year we collected approximately €32 billion----

National Debt (17 Jun 2010)

Joan Burton: And €7.5 billion the next year.

National Debt (17 Jun 2010)

Joan Burton: Last year, we collected €32 billion in taxes. The Minister is saying that commencing next year at least €5 billion will be spent on paying down interest. This means that one in every six euro collected in taxes will be used to pay off interest on the debt, including the bailout of Anglo Irish Bank. As the Minister stated, the Government is hoping the European Union will allow it to...

Departmental Appointments (17 Jun 2010)

Joan Burton: The Regling and Watson and Honohan reports identify an appalling lack of expertise in the Department of Finance. Maybe the Department has accountants and I believe it has economists, but they did not seem to be in a position to contribute to warding off the collapse, particularly the collapse in Irish Nationwide and Anglo Irish Bank. I recall civil servants from the Department of Finance...

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