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Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)

Joan Burton: Can I just respond? There was nobody from Fianna Fáil except the Minister present yesterday while the amendment was being discussed, although we were dealing with the Finance Bill, one of the most important Bills that the House passes every year. The Leas-Cheann Comhairle asked the position on amendment No. 3 no fewer than three times and stated slowly that it was being passed. By not...

Bank Recapitalisation. (10 Mar 2010)

Joan Burton: Question 41: To ask the Minister for Finance if he plans to further recapitalise Anglo Irish Bank in 2010; the impact he expects bank recapitalisation to have on the Exchequer and the general Government balance in 2010 and in 2011; the impact he expects bank recapitalisation to have on the National Pensions Reserve Fund in 2010 and in 2011; and if he will make a statement on the matter....

Bank Recapitalisation. (10 Mar 2010)

Joan Burton: I thank the Minister for his reply. It is now two and a half months since the Anglo Irish Bank year end. It is a State-owned bank. Speculation has appeared in the newspapers, uncontested by the Department of Finance, that the losses at Anglo Irish Bank are likely to be in the region of €10 billion to €12 billion, and I have seen mention of €14 billion. Is the Minister aware the bank...

Bank Recapitalisation. (10 Mar 2010)

Joan Burton: The accounts are to 31 December.

Bank Recapitalisation. (10 Mar 2010)

Joan Burton: While I do not want to take issue with the Minister, and he may wish to correct his papers, my understanding was that Anglo Irish Bank's year end was September. The Minister will recall the guarantee was issued on the night before Anglo Irish Bank's year end of 30 September. The 15-month accounting period goes from September 2008 to December 2009. The Minister might check his papers later,...

Bank Recapitalisation. (10 Mar 2010)

Joan Burton: While I do not want to take issue, that is not what I or the markets understand. We understand that the accounts to 31 December are in preparation at present and should be ready for issuance very soon. I understood from recent statements by the Taoiseach that he is anticipating the Government will make a major announcement on recapitalisation of the banks after the St. Patrick's Day travels...

Bank Recapitalisation. (10 Mar 2010)

Joan Burton: Question 43: To ask the Minister for Finance the State's exit strategy from the blanket bank guarantee, issued on 30 September 2008; the credit institutions that have issued debt or other liabilities under the extended eligible liabilities guarantee; the amount of liabilities that have been raised to date under the eligible liabilities guarantee; the institutions, and the maturities; the...

Order of Business (10 Mar 2010)

Joan Burton: There is a perfectly agreeable way of addressing this issue. The Finance Bill is probably one of the most important tranches of legislation that comes before the House each year. Attempting to guillotine the Bill is an insult to the work of the House. We could find two hours tomorrow easily without seriously discommoding anyone. As has been done on several occasions in recent times,...

Order of Business (10 Mar 2010)

Joan Burton: Given that spirit of bipartisanship, it is important to allow sufficient time and respect for the House rather than simply having a guillotine and a jack boot approach to finishing off the legislation in the manner proposed.

Order of Business (10 Mar 2010)

Joan Burton: She did not. Deputy Aylward should read the report.

Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)

Joan Burton: The records of the House clearly show that amendment No.3 was accepted by the Dáil yesterday. It was debated for about three quarters of an hour. It was put before the Dáil and was agreed. Earlier this morning I welcomed the assent of the Government parties on amendment No.3 as a sign of bipartisanship in this House. The amendment merely deals with the report on the costing of tax...

Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)

Joan Burton: The Minister has now said there was an error last evening. The Leas-Ceann Comhairle called the amendment three times and slowly declared that it was being accepted.

Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)

Joan Burton: Nobody over there raised-----

Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)

Joan Burton: On a point of order, I am not aware of any precedent for this ruling. It sounds like the Government is making it up. The record of the House-----

Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)

Joan Burton: I am making a point of order. The record of the House clearly shows that amendment No.3 was passed yesterday. It was called out by the Leas-Ceann Comhairle no less than three times. The Leas-Ceann Comhairle then said that amendment No. 3 was agreed. It was agreed and there was no dissent whatsoever and no comment from the Government side. When there is no comment and no dissent, that is...

Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)

Joan Burton: The Minister said he made a mistake.

Leaders' Questions (10 Mar 2010)

Joan Burton: Some of the Taoiseach's backbenchers.

Leaders' Questions (10 Mar 2010)

Joan Burton: The Taoiseach is talking about his own backbenchers.

Leaders' Questions (10 Mar 2010)

Joan Burton: The Taoiseach has not answered the question.

Written Answers — Job Losses: Job Losses (9 Mar 2010)

Joan Burton: Question 49: To ask the Tánaiste and Minister for Enterprise, Trade and Employment if her attention has been drawn to the prediction made by FÁS that an additional 87,000 workers will lose their jobs during 2010; her views on the FÁS prediction; the steps she will take to counter this trend; and if she will make a statement on the matter. [11360/10]

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