Seanad debates

Wednesday, 14 November 2012

Fiscal Responsibility Bill 2012: Second Stage

 

12:40 pm

Photo of Kathryn ReillyKathryn Reilly (Sinn Fein) | Oireachtas source

That would mean additional tax and spending cuts. Another fundamental issue is democratic accountability. We must remember that this Bill will tie the hands of Governments to implement a particular economic policy. That is a serious matter which needs to be closely examined. When those limitations are placed upon Governments by international pressure we must question how we have arrived at that situation. Earlier in the debate, Senator Byrne mentioned that opposition to this legislation would be going against the will of the people, but there is no popular movement of citizens calling for these laws.

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