RTE.ie·4 min read·medium

SF alternative budget targets living costs, second homes

B
Barry Lenihan
SF alternative budget targets living costs, second homes
✦AI Summary

Sinn Féin has unveiled an alternative budget proposal in Ireland, focusing on cost-of-living relief through fuel tax cuts, energy credits, and childcare subsidies. The plan, costing €13.4 billion, aims to support families and workers while addressing poverty and housing costs.

Why it matters

It outlines the economic policy platform of a major opposition party, highlighting their priorities for fiscal spending and social welfare.

✦Dive DeeperCreate a free account to unlock

Sinn Féin is proposing a permanent ten cent reduction in petrol and diesel as well as extending excise cuts for another six months as part of its €13.4 billion alternative budget package.

The 40-page document, entitled 'Putting workers and families first', proposes the Government not proceed with planned carbon tax increases, remove all excise on home heating oil and reduce green diesel by 17 cent for a minimum of six months.

The proposed measures to help reduce fuel costs for households run to €1.5 billion with the expense of cutting 10c off petrol and diesel at the pumps for the next year running to €404 million.

Speaking on RTÉ's Morning Ireland, Sinn Féin's Finance Spokesperson Pearse Doherty said his party wanted to bring fuel back down to an appropriate level but added there were also climate friendly proposals in his party's plan.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
politicseconomy
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in