Results 19,481-19,500 of 26,053 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: A summary of the council's argument would be that exiting the excessive deficit procedure is a red-line issue.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: The Senator can make the introductions. I am worried about the bubble in house prices. How does one combine house price inflation of 10% with an unemployment rate of 11%? We should think in terms of rules, as we have mentioned to the Governor during his appearances, whereby no loan should be in excess of 80% of the house price and a limit of two and a half times income should be applied....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: Is the indigenous sector underdeveloped relative to the multinational sector?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: Deputy Boyd Barrett is going on a charm offensive.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: Tell us what you really think.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: How would that fit into the Irish economy?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: I think it is time to conclude.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: Time is running short.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: Deputy Doherty's i-Pad is interfering.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: He certainly put it back when he was saying "whatever number of months."
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: As a small aside following on from Deputy Michael McGrath's questions, what level of growth rates would Ireland need to enable the meeting of the targets post-2015 without needing to have adjustments? Has the council considered that type of analysis? I mean the growth rates required to meet the balanced budget. Deputy McGrath made reference to the Government's growth path figures. Did the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: Does the council concur with that projected level of growth?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: I thank Professor McHale. Is it in order to publish his statement?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: Before I proceed to Deputy Michael McGrath I wish to make a few points of clarification. Was the opinion that €2 billion of tax and cuts should take place in the 2015 budget a unanimous decision or a majority decision of the Fiscal Advisory Council?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: That does not mean there were not differing opinions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: How do the other members feel? The forthcoming budget is a huge issue. Would the other members care to comment?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: Very good. We are all into consensus at the moment. The fact is that taxes are just short of €500 million ahead of target at the moment. The ordinary person is under enormous financial pressure. The sum of €2 billion is significant. Did the council not factor into its considerations the fact that the economy is doing well and there is employment growth?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: Where does Professor McHale see the risks to the Irish economy? The council has reached a consensus following deliberations. What is the underlying reason for its decision and where does he see the risks to the Irish economy in the next 12 months?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2014: Irish Fiscal Advisory Council (19 Jun 2014)
Kieran O'Donnell: I welcome Professor John McHale, chairperson, Professor Alan Barrett, council member, Mr. Sebastian Barnes, council member, Dr. Róisín O'Sullivan, council member, and Mr. Diarmuid Smith, chief economist, from the Irish Fiscal Advisory Council who are here to discuss the fiscal assessment report for 2014. I understand Dr. Donal O'Donovan is unable to attend and sends his apologies....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (18 Jun 2014)
Kieran O'Donnell: I thank the Minister and his officials for coming and for staying for extra time. I thank the representatives of the press in the Gallery for staying with us.