Sunday 4 December 2016

Donal O’Donovan: Watchdog keeps barking, even if ministers don't want to hear

Published 26/11/2015 | 02:30

Chairman of the Irish Fiscal Advisory Council John McHale
Chairman of the Irish Fiscal Advisory Council John McHale

The State's spending watchdog has bared its teeth again - in fact, this time around there is the distinct possibility it may draw blood.

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The key conclusion of the Fiscal Advisory Council's latest report is that the current Government departed from a sensible and prudent spending policy at almost the first opportunity, by using the unexpectedly high tax income to increase spending this year way beyond the levels set out in the Budget.

That won't surprise anyone who has watched most ministers' seamless transformation from apostles of austerity to pre-election bringers-home-of-bacon.

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