Health spending rise may limit budget tax cuts
Overspend on health this year estimated at €600m, Paschal Donohoe tells Cabinet
Minister for Finance Paschal Donohoe told his Cabinet colleagues that demands for more money for the health sector could reduce the sum available for other measures. Photograph: Nick Bradshaw
Demand for extra money for the health sector may restrict the amount of new cash available to cut taxes and increase spending in the budget, Minister for Finance Paschal Donohoe has told the Cabinet.
It comes as TDs were told in a private meeting yesterday that the health overspend this year is estimated to be €600 million. However, some sources familiar with the area say the overspending could be significantly greater.