JOHN Perry's lifecycle as a junior minister appears to be shortening. Fast.
Already his successor as Small Business Minister is being speculated upon in political circles.
Fine Gael TD Damien English, chairman of the Oireachtas committee on Jobs, Enterprise and Innovation, is already the favourite – a position he has already occupied on a junior ministerial vacancy, to no avail.
Aine Collins, whose profile shot up after she was pulled on to the lap of a party colleague during the late night Dail debate on the abortion legislation, is an outside bet.
But Mr Perry's political stock is falling. Fast.
Taoiseach Enda Kenny's less than ringing endorsement of the minister's position did nothing to promote the minister's job stability.
In an interview on Mid-West Radio, Mr Kenny's expressed plenty of sympathy for Mr Perry and said the minister was committed to continuing in his role.
The Taoiseach notably didn't say if he saw him continuing.
Mr Kenny is believed to have had an "understanding" with Mr Perry that his financial matters were sorted out, so he's showing a lot of patience. Few, if any, can see him being a junior minister beyond September 2, when the time runs out to come up with alternatives to paying his €2.5m debt to Danske Bank.
But the latest revelations of tax arrears of €100,000 are making the clock tick down on his ministerial career. Fast.
Mr Perry told Danske Bank in January 2012 that Bank of Ireland had agreed to give him a loan to help him pay tax arrears of about €100,000.
Mr Kenny said Mr Perry's case was "indicative" of businesspeople who have got into financial difficulty.
But Mr Perry isn't just any businessperson. He's a minister with direct contact with banks, making accusations of conflicts of interest predictable.
Mr Perry telling Danske Bank, during negotiations, that he "knew Richie Boucher of Bank of Ireland" doesn't rest easy.
Mr Perry's tax affairs are also a matter of concern.
It is important to note the minister is not a tax defaulter and it's standard for companies struggling financially to have tax arrears. His businesses not meeting their tax responsibilities though further damage his credibility as a minister.
Mr Perry's status as a junior minister is slipping away.