Seanad debates

Tuesday, 8 November 2011

2:30 pm

Photo of Darragh O'BrienDarragh O'Brien (Fianna Fail)

The amendment to the Order of Business proposes that the Minister for Finance should attend the House to explain to Members and the people what the Government is doing to ensure that State-funded banks which have had billions of euro of taxpayers' money paid into them to keep them afloat will pass on this rate cut, when they will do so, and also what they propose in regard to a further rate cut that will probably come down the track before Christmas.

We cannot wait for this Government to act on the mortgage crisis. It has been in office for nine months and has done nothing.

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