Gerry Horkan (Fianna Fail) | Oireachtas source

I do not doubt that. Last Friday, the Central Bank issued a very stern warning. It pointed out that in the event of a no-deal Brexit or a hard Brexit, the national debt could increase by €22 billion in the next couple of years. Corporation tax is incredibly welcome. The more of it the better. It went from €4 billion in 2014 to €10 billion last year. If it had stayed at €4 billion, we would have been €6 billion short last year. It is a hell of a lot of fiscal space to worry about.We need to make sure that our national finances are being managed as best we can and to focus on the challenges. There are very significant challenges to our economy in terms of Brexit and corporation tax.