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Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: All we have to look at are the announcements made under LEADER programmes and village renewal schemes and we will see the Government is very much committed to rural Ireland.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: Senator Horkan raised the issue of gift vouchers, which is very timely. My information is the drafting of the legislation is proving to be more difficult than was originally envisaged. It is the intention of the Minister to have the legislation published and to then come before the Houses of the Oireachtas early next year but there are issues in the drafting. People also need to read the...

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: I am not going to pre-empt the report. Senator Conway-Walsh raised the issue of Permanent TSB. The Taoiseach has made a comment that the loophole will be changed. The Senator mentioned the ESRI report.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: The Government's position is quite clear, that it is distressing for homeowners. The loophole will be changed. All of us agree there needs to be vigilance with the banks.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: Gabh mo leithscéal?

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: I have never demurred from saying that. It is a personal view. Obviously, the Minister is constrained in what he can and cannot do. It is easy for people to come in to rant and rave, shout and roar, and do all kinds of things. We have an obligation to the customers of the banks as well.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: We bailed out the banks. I am not sure whether my view is black and white or one-dimensional, but I genuinely believe we need to be vigilant in ensuring the banks recognise that customers are important and deserve to be treated with fairness and respect.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: I half understood what Senator Conway-Walsh said about income levels. I do not want to misquote her. Was she speaking about an ESRI report?

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: No, it is not but it is Sinn Féin's interpretation of the analysis that I want to address.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: First, the ESRI assessment is done by comparing the budget against a hypothetical wage-indexed budget. Second, the ESRI results show that social welfare increases have happened, pay restoration has begun and the amount of income in people's pockets has increased. In the aftermath of the budget, the ESRI publicly acknowledged that the full indexation of the budget to wage growth would cost...

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: I am not missing the point.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: I know the Senator-----

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: -----wants voodoo economics to come back.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: To be fair to her, she has consistently asked the Government to spend billions of euro beyond what the Government has.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: That is the whole point.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: It is Sinn Féin's voodoo economics.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: I have noted that request. None of the proposals made by Sinn Féin before the budget, with the exception of its proposal for tax relief for renters, involved the lifting of the tax burden on workers.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: I have read it.

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: I would be happy to come back to-----

Seanad: Order of Business (12 Dec 2018)

Jerry Buttimer: I have read it. It is complete voodoo economics.

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