Seanad debates

Wednesday, 14 December 2011

Fiscal Responsibility (Statement) Bill 2011: Second Stage

 

11:00 am

Photo of Tom ShehanTom Shehan (Fine Gael)

The Bill sets parameters which must be met and kept, by this and future Governments. That is why this is very important legislation. Senator Barrett must be commended on that.

I liked the comments of Senator Feargal Quinn. I come from a business background and I am of the same view as Senator Quinn. We have to pay our way. I agree with his sentiments regarding paying our debts. I am not a pyromaniac who wants to burn all around him, to burn the bondholders and do anything but pay our debts. One's standing in society and community goes back to what Senator Quinn said about paying one's way.

I did not like Senator O'Brien's line regarding the Department of Finance officials.

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