Results 15,041-15,060 of 16,537 for speaker:Brian Lenihan Jnr

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: In the past two years, this Government has had to deal with the consequences of the most severe economic downturn in the history of the State. The crisis has primarily related to the public finances and the banking system. In a consistent way, the Government has acted swiftly and with determination to deal with each episode of the crisis as it emerged. As a result of these actions,...

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: The Deputy is aware that the word "credit" is derived from the verb, credere, to believe.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: That is an average annual figure.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: Neither hypothesis is correct.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: Greece tried it with the Acropolis.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: Eventually they convict.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: It is €14 billion, I believe.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: It far exceeds it, I suggest.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: It has a current account deficit on its balance of payments.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: They were not given any briefing.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: They are too busy preparing the national plan.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: That is very unfair.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: It is a monastery, not a supermarket.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: And TheGuardian.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: They are not going to Newry now.

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Brian Lenihan Jnr: The Deputy's party would need to cut €20 billion.

Written Answers — Croke Park Agreement: Croke Park Agreement (27 Oct 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 183 and 200 together. The Implementation Body provided for under the Croke Park Agreement comprises the independent chair, Mr. P.J. Fitzpatrick, whose appointment was agreed by the parties, and nominees representing both public service management and the Public Service Committee of the Irish Congress of Trade Unions. The nominees to the Implementation Body...

Written Answers — National Pension Reserve Fund: National Pension Reserve Fund (27 Oct 2010)

Brian Lenihan Jnr: The National Pensions Reserve Fund (NPRF) was established on 2 April 2001 under the National Pensions Reserve Fund Act 2000 with the objective of meeting as much as possible of the cost to the Exchequer of social welfare pensions and public service pensions to be paid from the year 2025 until at least 2055. According to the National Pensions Reserve Fund Commission, which is responsible for...

Written Answers — Tax Code: Tax Code (27 Oct 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the number of income earners earning in excess of €100,000, estimated by reference to 2011 incomes, is estimated at 111,500. This represents approximately 5% of all income earners. The total gross income of income earners earning in excess of €100,000 is estimated at €20 billion. Some 63% of this group earn below €150,000 per annum....

Written Answers — Tax Code: Tax Code (27 Oct 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the estimated full year yield to the Exchequer, estimated by reference to 2011 incomes, of a 1% point increase in the top rate of income tax for those with income over €100,000 would be of the order of €69 million. Consequently, the top rate of income tax would need to increase to 84% for tax units with income in excess of €100,000 to yield...