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Seanad
‹ An tOrd Gnó - Order of Business

Budget and business pressures

Summary

Senator McCarthy supported extra flotilla debate time and raised the budget's impact on businesses, warning many firms are only months from shutting down.

I wish to voice my agreement with Senator Ruane's proposal. I wish Senator Andrews safety. I hope that he returns and that everything goes well.

I wish to speak about the budget and how it has a real impact on our people and businesses. This week, there were several witnesses before the enterprise committee, of which I am a member. Many said that businesses are six months away from shutting down. Perhaps pride of generational ownership is keeping many of those businesses afloat. We must remember that the budget cannot just be seen as a ledger or as figures. It has to be a statement of our Irish values. I have said many times in this House that small businesses are the backbone of our economy. They need support and targeted measures, not more burdens. Supports for local enterprise whether tax relief or cutting red tape cannot be optional extras in this budget. They are essential to retailers and hospitality providers and community employers.

Putting on my other hat, I am of the view that we cannot fail to address the homelessness and housing situation for the most vulnerable. Healthcare, housing, education and mental health must remain key priorities for all of the investment opportunities the budget will allow. With over 16,000 people now in emergency accommodation, 5,000 of whom are children, this budget cannot ignore these people. We must make sure we do not lose sight of climate action with this budget. It cannot be a tick-box exercise. All Departments must focus on climate as a national priority. This is our opportunity to shape a fairer, more resilient Ireland with this budget. We can rise to that challenge.

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