Seanad debates

Wednesday, 22 June 2005

7:00 pm

Photo of Mary HanafinMary Hanafin (Dún Laoghaire, Fianna Fail)

I thank Senators McCarthy and O'Toole for raising this issue. I imagine that Senator O'Toole is more aware than Senator McCarthy of the pressures regarding capital expenditure. At the outset, I should point out that there has been no underspend in respect of capital expenditure. Any underspending took place on the current side and may have been an overestimation in respect of teachers' salaries and pensions to those who might have taken pensions but did not because they were waiting for benchmarking awards, etc. Any capital underspend from last year was carried forward to this year as part of the sum of €50 million. It is wrong to attempt to link two totally different matters to each other. It is also important to state that——

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