Stephen Collins: Donohoe should not fear caution in framing budget

Mainstream politicians should embrace EU rules as a bulwark against disaster

Minister for Finance Paschal Donohoe: has sensibly spelled out the constraints that will limit his capacity to dispense largesse next Tuesday. Photograph: Alan Betson

Minister for Finance Paschal Donohoe: has sensibly spelled out the constraints that will limit his capacity to dispense largesse next Tuesday. Photograph: Alan Betson

It is typical of Irish politics that most of the political pressure on Minister for Finance Paschal Donohoe in the run-up to the budget is to do the wrong thing rather than the right thing.

His own party’s TDs want tax cuts, Fianna Fáil wants cuts in the universal social charge, while almost everybody in the Dáil wants significant increases is public spending of all kinds, ranging from increases in the old age pension to massive investment in house building and extra spending on health.

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