Seanad debates

Tuesday, 8 December 2009

2:30 pm

Photo of Paul CoghlanPaul Coghlan (Fine Gael)

Senator Quinn is correct that the Leader is breaking with established practice. In the 12 years I have been a Member of the Seanad the House has had a debate a few hours after the making of the Budget Statement.

I second Senator McFadden's amendment to the Order of Business. It is a colossal blunder if the level of social welfare fraud is possibly €2 billion. Savings on such a scale would bring us half way towards what the Government will I hope achieve tomorrow.

A serious matter has arisen with regard to NAMA. It seems the valuers engaged by the agency are speaking out. I am not too sure about the appropriateness of this but they claim the discount will be much greater than was anticipated.

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