Seanad debates

Wednesday, 13 July 2011

11:00 am

Photo of Maurice CumminsMaurice Cummins (Fine Gael)

Senator Darragh O'Brien referred to the motion on Palestine. I am sure the Whips will meet on that matter and, hopefully, reach agreement.

I share the concerns of Senator O'Brien and other Members on rating agencies, which are private vested interests. I agree with the Senator that having the Barnier report published in November seems very late in regard to addressing the problems relating to rating agencies. I will see whether that can be expedited but I doubt if it can be at this point in time.

With regard to social welfare cuts, we are not aware as yet of what, if any, cuts there will be. To speculate in regard to what they should be or might be is unwise at this stage.

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