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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Banking Sector and Central Bank of Ireland: Discussion (26 Jan 2016)

Liam Twomey: I remind members to ensure that their mobile phones are switched off. This is important as it causes serious problems for broadcasting, editorial and sound staff. Today's business is the overview of the banking sector and issues relating to the Central Bank of Ireland. I welcome Professor Philip Lane in his new role as Governor of the Central Bank. While this may be last committee meeting...

Hospital Emergency Departments: Motion (Resumed) [Private Members] (14 Jan 2016)

Liam Twomey: We should view the health service in the same way that doctors view it, in other words, through the lens of acute and chronic issues. The former include the issues Deputies have raised today, such as the way in which emergency departments operate and the need to have people seen and treated quickly in emergency departments. Deputies like to use the figures provided by trolley watch because...

Hospital Emergency Departments: Motion (Resumed) [Private Members] (14 Jan 2016)

Liam Twomey: Fianna Fáil promised that.

Hospital Emergency Departments: Motion (Resumed) [Private Members] (14 Jan 2016)

Liam Twomey: It was former Deputy Dermot Ahern.

Establishment of Independent Anti-Corruption Agency: Motion (Resumed) [Private Members] (9 Dec 2015)

Liam Twomey: It is offensive to many Members of this House and to people outside it who happen to be members of a political party to have Sinn Féin put forth the claim that we can be assumed to be corrupt. When the Sinn Féin party leader was embroiled in a controversy over issues of child sexual abuse, the Deputies opposite were very coy in condemning it. They would not like if the assumption...

Topical Issue Matters (9 Dec 2015)

Liam Twomey: I wish to advise the House of the following matters in respect of which notice has been given under Standing Order 27A and the name of the Member in each case: (1) Deputy David Stanton - the strategic importance and future of Ireland's only oil refinery in Whitegate in County Cork; (2) Deputy Thomas P. Broughan - the need for the Road Safety Authority to compile and monitor statistics on the...

Legal Services Regulation Bill 2011: From the Seanad (9 Dec 2015)

Liam Twomey: There is a typographical error in the numbered list of amendments. Amendment No. 55 on the principal list of amendments, dated 4 December, refers to the deletion of "lines 21 and 34" on page 38, whereas the amendment made in the Seanad proposed to delete all of these lines. The text of amendment No. 55 should read: "In page 38, to delete lines 21 to 34, and in page 39, to delete lines 1 to 24."

Legal Services Regulation Bill 2011: From the Seanad (9 Dec 2015)

Liam Twomey: Amendments Nos. 1, 2, 167 to 174, inclusive, 181 to 183, inclusive, 187 to 189, inclusive, 196 to 206, inclusive, and 265 are related and may be discussed together.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: I remind members to ensure their mobile phones are switched off. This is important as it causes serious problems for broadcasting, editorial and sound staff. I welcome from the Irish Fiscal Advisory Council, Professor John McHale, chairman, Mr. Sebastian Barnes, Dr. Íde Kearney, Dr. Róisín O'Sullivan, Mr. Michael G. Tutty and Dr. Thomas Conefrey. As we approach the year end,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: You can, although I wish to put some questions. Let us go back to the beginning and the conversation with Deputy Pat Rabbitte. The representatives of the Irish Fiscal Advisory Council have said there were echoes of where we were. We are not really dealing with the same figures as was the case in 2003 and 2004. The echoes do not correspond. I was a Member of the Parliament at the time...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: You want to spend like crazy. It is not at the level of what we are talking about or what is being budgeted for. The current position is nowhere near the scenario the Irish Fiscal Advisory Council representatives have referred to. The risk is very low for what they have referred to as the expansionary budget. This economy has come through seven years of austerity and as we often hear,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: What if the expenditure is targeted? The members opposite will tell you that mental health, ambulance services and schools all need extra investment. We could double the salaries of doctors, nurses and teachers. In that case, maybe there would be a point to what you are saying. However, if we invested in the infrastructure of health, education and social services of the country, would it...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: I am concerned because sometimes the Irish Fiscal Advisory Council is so fixated on the pro-cyclical concern that those involved miss the main point, which is that we must also get this country out of austerity and start giving something back, if I can put it that way. It is as much about giving confidence after so many austerity budgets which cut expenditure. If we were to take the approach...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: If one were to plan for Deputy Boyd Barrett's scenario, one would be expected to have even more regression on expenditure.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: Too slow.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: To get an idea of Professor McHale's thinking on this, if he were using a system similar to the weather alerts, is the deviation at orange or red?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: The public feels that what we have done is the right thing.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: The trouble is Deputy Boyd Barrett would be looking to spend more. He thinks we do not spend enough.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: It has been raised.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Liam Twomey: That is what we are doing.

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