Seanad debates
Thursday, 25 March 2010
Finance Bill 2010 (Certified Money Bill): Committee Stage.
11:00 am
Liam Twomey (Fine Gael)
Undoubtedly, she will attend many fantastic cultural events throughout the country in her new office. I wish her the best of luck.
I support the production of the report; it is an excellent idea. I understand there is already a provision to subject projects that cost more than €30 million to a cost benefit analysis in any case where State money is being spent. I do not know how well that policy has been adhered to in the last couple of years but I believe the provision was introduced in a finance Bill some years ago. It is only right that when millions of euro of taxpayers' money is being spent in this way, there should be a cost benefit analysis of the expenditure.
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