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Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Thomas Pringle: ...within the document. This demonstrates just how troubling the Government's priorities are. There has been a serious decline in the mental health budget in Ireland from 13% of the overall health budget in 1984 to just 5.1% in 2023. This is despite a rise in those experiencing mental health difficulties to around 40% in Ireland and the fact that Ireland’s prevalence rates of...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Michael Fitzmaurice: I was just looking at a few things earlier. The Department Public Expenditure, National Development Plan Delivery and Reform had to take down a tweet stating that 2,500 beds had been delivered in the health service because it was not correct. The headlines of the press release by the Department of Agriculture Food and the Marine state that the budget provides €700 million for...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Michael McNamara: ...with regard to how some of the money is spent. Some very small measures that could have been taken that might make lives a lot better are not being taken. A schools capital budget of €940 million was announced. That is going to provide for the 300 building projects currently under way. I presume they have been budgeted for already. Then there is €200 million for...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Peadar Tóibín: ...system. This is incredible because for the majority of the year this Dáil is consumed with the disaster happening in the public services. We talk about CAMHS, Tusla, and the health service where about a million people are waiting on the lists. Yet, on budget day we seem to forget all of these issues. There is little in this budget about workplace planning. We hear from Irish...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Denis Naughten: ...Wind Energy Association back in 2020 said that the development of just 3 GW of offshore wind energy off the west coast of Ireland, approximately 4% of the actual potential we have, would create 2,500 jobs during construction and a further 600 permanent jobs right along the west coast of Ireland contributing €1.7 billion per annum to the Irish economy. We have 220 million acres...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Mick Barry: ...looks to me like the Minister, Deputy McGrath, might be the George Bush Snr. of Irish politics because here was a real opportunity. Even if we do not think that budget surpluses will add up to €65 million over the next four years, even if we estimate conservatively that the figure might end up being somewhere between €40 billion and €50 billion, here was an...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Paul Murphy: ...today. However, angel investors will wake up tomorrow and discover there is a new tax break. If you are an angel investor, it is a great budget because there is a new tax break worth almost €500,000. It is a great budget. For the landlords who get a new tax break, it is a great budget. For the tax-avoiding big corporations, it is a great budget. However, for ordinary people...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Richard Boyd Barrett: ...to earn €318 a week. The Government is giving people a miserable €12 on top of €280 a week for the basic social welfare payment or disability payment, and for pensioners, €12 on top of the €265 they get. This will leave the overwhelming majority of pensioners, people with disabilities and the most vulnerable people in our society living in poverty at a...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Cian O'Callaghan: ..., speculators and land hoarders. When it comes to housing, this budget is taken straight out of the Fianna Fáil developer's handbook, and continues the disastrous approach of giving hundreds of millions of euro, in subsidies and tax reliefs, away to investors in measures that will not build one single additional home. What does this budget mean for renters? Since this Government...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Gerald Nash: ...some context. This year, the Government has spent €1.2 billion handing out €600 in free money to me and hundreds of thousands of others who do not need it. This figure of €1.2 billion is €100 million less than the Government plans to spend on increases to all welfare schemes next year. It is multiples of what the Government plans to spend on combating child...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Gerald Nash: ...alternative budget, Labour has ring-fenced €1.3 billion for a new public service pay agreement. The talks have yet to commence, but this would allow for a cumulative increase of in the region of 5% next year for nurses, healthcare assistants, teachers, SNAs, gardaí, council workers and civil servants. Looking at the documents, there does not seem to be any Government...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Gerald Nash: .... This is the first time since 2010 that a Fianna Fáil finance minister has delivered a budget, and what does he do? He gives nonsensical tax reliefs to landlords. Same old Fianna Fáil. Some €160 million in tax reliefs have been given to landlords. There has been more in tax reliefs given to landlords than provided, cash-wise, to individual renters. Having fixed the...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Paschal Donohoe: Further measures include capitation payments to schools from the beginning of 2024 and a €50 million increase in funding for school transport. These announcements represent further important strides in transforming the quality, the affordability and the inclusivity of our education system. SOCIAL PROTECTION While providing supports, we also need to ensure that our welfare...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Michael McGrath: ...trained farmers, and the relief for succession farm partnerships. The maximum amount of enhanced stock relief for farmers who are partners in a registered farm partnership will be increased from €15,000 to €20,000 in line with the maximum permitted under EU regulations. The land leasing income tax relief will be amended so that it only becomes available when the land has...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Michael McGrath: ...not seen for some 40 years. With the appropriate Government support, our economy has rebounded strongly. There are many positives, including a country at full employment with a record high of over 2.6 million people at work. This success should not be taken for granted or put at risk. However, we also acknowledge there are capacity constraints in the economy, and these are most obvious...

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