Mary Lou McDonald of Sinn Féin insists on the necessity of a cost of living package in the upcoming Budget, arguing that recent reports dismissing such provisions are unacceptable. Taoiseach Micheál Martin counters that the Budget should focus on infrastructure transformation, claiming this allocation is wiser. Rising living costs, including home heating oil and rent, are causing strain on citizens. The Government has implemented measures to extend VAT reductions and increase allowances; yet, McDonald argues that more direct support is needed as inflation remains elevated.
"You must include a cost of living package in the Budget," said McDonald, highlighting the absence of provisions worth around €1,000 per taxpayer.
Martin emphasized that the focus of the Budget must be on transforming infrastructure, adding that it's a better use of Exchequer surpluses.
"The deficit in infrastructure is on you," McDonald stated, criticizing rising costs, including home heating oil and rent, and insisting on necessary support.
Martin mentioned that inflation peaked at about 10% post-Covid-19 and after the Russian invasion of Ukraine, claiming the Government has provided significant cushioning.
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