Seanad debates
Thursday, 8 December 2011
Order of Business
11:00 am
Maurice Cummins (Fine Gael)
Senators O'Brien, Byrne, Coghlan and others raised the EU summit that will be taking place over the weekend. My understanding is that a paper was submitted by Mr. van Rompuy which will be discussed. The Government has made a submission on it and there will be a discussion. We will await the result.
As far as the Government is concerned, the rate of corporation tax is not on the table. It has made that perfectly clear and that will remain the situation. Senator Harte agreed with Senator O'Brien on passing on the interest rate cut to mortgage holders. That is the Government's position. Senator O'Brien mentioned that the Fianna Fáil Party has a Bill, which we were promised about six weeks ago.
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