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Leaders' Questions (8 Dec 2010)

Brian Cowen: It is now €140.

Leaders' Questions (8 Dec 2010)

Brian Cowen: Despite the fact that Governments-----

Leaders' Questions (8 Dec 2010)

Brian Cowen: -----will have to contemplate decisions of this nature, we can retain many of the social gains we have achieved, not only in capital programmes but in current programmes as well. We can retain much of it but we cannot sustain all of it in present circumstances. When circumstances improve-----

Leaders' Questions (8 Dec 2010)

Brian Cowen: -----and we get through this period, people in these positions will be the first to be dealt with.

Leaders' Questions (8 Dec 2010)

Brian Cowen: It is the truth and those are the facts. To contend otherwise would mean not being straight with the people.

Leaders' Questions (8 Dec 2010)

Brian Cowen: I do not accept what the Deputy says. All non-residents who have businesses in the State pay taxes in respect of those businesses, whether they are resident or non-resident.

Leaders' Questions (8 Dec 2010)

Brian Cowen: The position was the same when a former leader of the Labour Party was Minister for Finance. We have tightened the rules since then. The changes to which the Deputy refers came into play when the Labour Party was last in government. Let us talk about facts. Whether a person is resident or non-resident, he or she must pay tax in respect of any businesses he or she has in the State. The...

Leaders' Questions (8 Dec 2010)

Brian Cowen: It would create a problem because Deputy Kenny wants to cut €6 billion but does not know how he will do it, while Deputy Gilmore wants to cut €4.5 billion and double income from additional taxes next year to €2.5 billion.

Leaders' Questions (8 Dec 2010)

Brian Cowen: Deputy Kenny says he will not increase tax next year. What sort of a Government would we have if we were sitting down for a budget debate? Is he talking about this Government? We would have a Government without cohesion, coherence or policies.

Leaders' Questions (8 Dec 2010)

Brian Cowen: Behind all the populist talk and all the nice headlines I am sure the Opposition will get by making superficially attractive contrasts, the fact is that Deputies Kenny and Gilmore do not have a policy position that adds up. By next July the country would not be able to access funds to pay 1 cent in social welfare payments after that date if we had the likes of the Deputies in power. That is...

Leaders' Questions (8 Dec 2010)

Brian Cowen: The more people talk about the real issues, the more they will see who is prepared to take decisions to ensure the country has sufficient funds to look after the most vulnerable. Perhaps people will listen to them rather that the incoherent nonsense I have been hearing this morning.

Leaders' Questions (8 Dec 2010)

Brian Cowen: I understand copies have been placed in Members' pigeon holes.

Financial Resolution No. 34: General (Resumed) (8 Dec 2010)

Brian Cowen: This budget is being introduced at a time of great uncertainty across the economies of the developed world. We are living through an economic crisis with few parallels which is impacting in new and unpredictable ways on people, businesses and entire countries. Ireland has been affected more than most, partly because our economy is so dependent on international trade and investment and...

Written Answers — State Bodies: State Bodies (8 Dec 2010)

Brian Cowen: No employee at senior management level of any State body or organisation under the auspices of my Department has received a bonus payment in the past twelve months.

Written Answers — Departmental Staff: Departmental Staff (8 Dec 2010)

Brian Cowen: No civil servant in my Department has received a bonus payment in the past 12 months.

Social Welfare Bill 2010: Second Stage (8 Dec 2010)

Brian Cowen: It is a good idea.

Leaders' Questions (7 Dec 2010)

Brian Cowen: All these matters have been laid out in the report by Professor Honohan. He set out the whole situation. The Secretary General of the Department of Finance has been speaking to the Committee of Public Accounts and the Joint Committee on Economic and Regulatory Affairs outlining the work of the Department of Finance right up to the point-----

Leaders' Questions (7 Dec 2010)

Brian Cowen: If I am given the opportunity to reply I am sure I can clarify the matter. The Secretary General set out in detail the role of the Department of Finance. The only issue that arises in addition to what has been said already is regarding the fact there was a Cabinet meeting on Sunday and which has been well reported. There was a Cabinet meeting relating to preparations for the supplementary...

Leaders' Questions (7 Dec 2010)

Brian Cowen: As I have outlined to Deputy Kenny, there were no decisions taken whatever on Sunday. The incorporeal meeting that was held on the Monday night-Tuesday morning was the meeting that took the decision. It was not taken on the spur of the moment, as he knows. There was considerable discussion during that night-time and early morning as to what the best options were in the circumstances. I do...

Leaders' Questions (7 Dec 2010)

Brian Cowen: The issue was based on the knowledge that was available to our Government and the expert advice we received at the time confirmed that an overall guarantee was what was required. It has been confirmed by Professor Honohan in his report that an extensive guarantee was required, given that if there was not a guarantee to the system, the whole financial stability of the State and the banking...

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