Results 16,321-16,340 of 26,050 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: What policies-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: Can we move on? In your statement, you mention that your budget was based on responsible fiscal targets at the time. However, during the course of an interview, in the Wright report ... and if I could take you to Vol. 2, page 39. And this is a statement that David Doyle, the general secretary of the Department of Finance in your time ... he states that "In 2005[-2006] the Minister was...

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: But-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: But, but Mr. Cowen-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: Mr. Cowen, that's not the basis of my question and you know it-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: Chairman, can I ask the question? That's not the basis of my question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: The basis of my question is, is that you basically increased expenditure-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: -----on foot of increase in taxes which were around the property sector, which crashed in '08. Now, and you're being advised by your officials that it was unsustainable. The number of hospitals complete-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: Therefore why did you put that level of spending?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: But your spending was on foot-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: But, Mr. Cowen ... Mr. Cowen-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: I'm trying to help you-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: Mr. Cowen, Mr. Cowen, were those taxes, in terms of property sector, stamp duty and capital gains, were they sustainable?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: But-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: Mr. Cowen, could you-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: Just very quickly ... Could you explain to me then the rationale ... that the bulk of the increase in spending, you doubled the spending that was in '03, you doubled that in ... in '06 and '07, can you explain the rationale, why the bulk of that increase in spending was on the current side rather than the capital side? And was it some way linked into an impending general election in '07?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: What-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: No-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: No, no but-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)

Kieran O'Donnell: With due respect-----