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Committee on Budgetary Oversight: Scrutiny of Tax Expenditures (Resumed) (11 Sep 2019)

Eamon Ryan: I thank Mr. Coffey and his team. We are in an uncertain period. There is a tricky economic question. Given Brexit, international factors like the trade war between China and the United States and the general cycle of expansion that is coming to an end globally, we could be facing into a very severe contraction next year. In these circumstances, would it not be prudent economically to...

Committee on Budgetary Oversight: Scrutiny of Tax Expenditures (Resumed) (11 Sep 2019)

Eamon Ryan: As Mr. Coffey said, the borrowing environment is still very positive. We can borrow ten-year money at a rate that is almost negative and that might continue to be the case. If the borrowings were to be invested in a green new deal, that would address some of the imbalances in the economy, to which the council refers on page 15 of its document. If the borrowings were actually used to...

Committee on Budgetary Oversight: Scrutiny of Tax Expenditures (Resumed) (11 Sep 2019)

Eamon Ryan: I agree that we need to shift spending from roads to public transport and from office construction to housing construction. There are tactical things we can do with budget items. In its document, IFAC mentioned the possibility of what it called a "prudence account" being created from excess corporate tax revenues. I have some questions to help me understand this concept properly. Where...

Committee on Budgetary Oversight: Scrutiny of Tax Expenditures (Resumed) (11 Sep 2019)

Eamon Ryan: I have one final short question.

Committee on Budgetary Oversight: Scrutiny of Tax Expenditures (Resumed) (11 Sep 2019)

Eamon Ryan: Has the Irish Fiscal Advisory Council done any analysis on the corporation tax changes envisaged in respect of the profits of multinational technology companies and under the OECD proposals? One could foresee an increase in our tax revenues as a result of these. One of the reasons for the increases in corporation tax revenues in recent years was that multinational companies are moving...

An tOrd Gnó - Order of Business (17 Sep 2019)

Eamon Ryan: The Joint Committee on Communications, Climate Action and Environment will host an international conference here on disinformation and fake news on 6 and 7 November, which we look forward to. This issue is troubling countries across the world as democracies are under real threat. Clearly, one of the responses to this is a strong media that can tell the difference between what is fake and...

An tOrd Gnó - Order of Business (17 Sep 2019)

Eamon Ryan: -----and instead start building it up, which is what we need to do to protect our whole democratic system?

Beef Sector: Statements (17 Sep 2019)

Eamon Ryan: We face a real crisis. If we do not change our ways, we will see the demise of the family farm and the rise of an industrial farming model that will not serve our people, secure our future or benefit our society. I met a friend the other day who is a farmer in County Kerry. She cited a statistic - I do not know if is accurate but when I asked her to source it she said it came from Radio...

Beef Sector: Statements (17 Sep 2019)

Eamon Ryan: That is fine.

Beef Sector: Statements (17 Sep 2019)

Eamon Ryan: I have four short questions, which I will put together for the Minister. The first is a question on protected geographical indication, PGI. Does the Minister have any update for the House on whether there are any discussions with the European Commission or with the authorities? What is his projected timeline? Does he think it would be applied to a certain category of beef farmers or to...

Beef Sector: Statements (17 Sep 2019)

Eamon Ryan: That is not what a land use plan does.

Beef Sector: Statements (17 Sep 2019)

Eamon Ryan: Austria has about 40% organic production.

Offshore Islands: Motion [Private Members] (17 Sep 2019)

Eamon Ryan: I commend Deputy Connolly and support her motion and our islands. The key argument set out in the motion before us is accurate, particularly the reference to the ad hocnature of how we are managing and developing the islands. I am familiar with Inishbofin off the coast of Galway and may take that as an example. What the Minister and Government have stated is true - there have been real...

Written Answers — Department of Transport, Tourism and Sport: Bus Éireann Services (17 Sep 2019)

Eamon Ryan: 578. To ask the Minister for Transport, Tourism and Sport his plans to encourage Bus Éireann to facilitate customers that want to bring their bikes onboard buses through the use of an online reservation system similar to that used by Irish Rail; and his views on the removal of the €10 charge on a single journey that is currently applied. [37358/19]

Committee on Budgetary Oversight: Pre-Budget Submission: Irish Universities Association (17 Sep 2019)

Eamon Ryan: The committee had a discussion on tax relief last week. One of the considerations was that allowance should be made for outsourcing where universities might be do work for companies based here. Has Mr. Miley any written evidence or proposals as to how the universities might manage that? Is the IUA seeking this, or has the association considered it in the context of the third-level funding...

Committee on Budgetary Oversight: Pre-Budget Scrutiny: Minister for Finance (17 Sep 2019)

Eamon Ryan: Today at Leader's Questions the Taoiseach referred to the fact that he would be unwilling to borrow additional moneys to fund an increase in employment but would be willing to borrow to fight for support for companies that are going through difficulties with Brexit. The Irish Fiscal Advisory Council, IFAC, could not have been more critical last week, saying that the loss of control in our...

Committee on Budgetary Oversight: Pre-Budget Scrutiny: Minister for Finance (17 Sep 2019)

Eamon Ryan: That is true.

Committee on Budgetary Oversight: Pre-Budget Scrutiny: Minister for Finance (17 Sep 2019)

Eamon Ryan: I think the criticisms of both Mr. Michael Tutty and Mr. Seamus Coffey, both men of the highest experience, were not about increasing capital expenditure but the fact that the budget outcome forecast one year was €72 billion and the actual outcome a year later was €82 billion. That was not because of an overrun on the children's hospital or on the national broadband plan, which...

Committee on Budgetary Oversight: Pre-Budget Scrutiny: Minister for Finance (17 Sep 2019)

Eamon Ryan: We will not know that until the end of October. How will we decide that on budget day?

Committee on Budgetary Oversight: Pre-Budget Scrutiny: Minister for Finance (17 Sep 2019)

Eamon Ryan: Could that money be borrowed?

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