Liam Twomey (Fine Gael)

Later we will have an extensive debate on the budget but I call on the Leader of the House to arrange a separate debate on this new organisation, the national asset management agency. Nonsensical amounts of money are being advanced by the taxpayer to set up this organisation, yet at the same time we are not 100% sure whether it is the right thing to be doing. The establishment of the agency and the fulfilment of its remit would necessitate the nationalisation of the two major banks in this country.