McGrath states there is room for tax reductions and social welfare increases in the upcoming Budget – TheLiberal.ie – Our News, Your Views
September 18, 2018

McGrath states there is room for tax reductions and social welfare increases in the upcoming Budget

The Fianna Fail spokesman on Finance Michael McGrath has said he does not believe that now is the right time to hold a General Election.

Speaking on RTE’s Today with Miriam Programme, the Fianna Fail TD said an election would not be wise especially given the ongoing uncertainty surrounding Brexit and its negotiations.

Mr McGrath who also spoke about the upcoming Budget said his party will continue to support the current confidence and supply deal provided that all proposals in the upcoming Budget are agreed by both parties.

Although the Budget is not until early October negotiations are expected to get underway next week and Mr McGrath said there is plenty of room for social welfare increase’s and modest tax cuts.

Mr McGrath told the programme such cuts and increases can be met despite them being made in the previous two budget’s. He also said there will be further reductions in the USC and funding will be available to improve public services.

The Fianna Fail TD’s claims could however be questioned given that the Government previously suggested that there was no room for extra spending despite there being an extra €800m in funding.

It is believed that the Fine Gael party want to use most of the extra funding to address the current housing and health crisis.

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