Details Of Budget

EXHIBITION : MEMORABLE BUDGETS

About this Item

RTÉ's economics editor George Lee reports on the details of Charlie McCreevy's budget.

  • Title
    Budget 2000
  • 1st Broadcast
    01/12/1999
  • Contributor
    George Lee (Reporter)
  • Clip Duration
    00:03:14
  • Material Type
    Video
  • Series title
    RTÉ News
  • Clip title
    Details Of Budget
  • Extended description

    Charlie McCreevy's third budget included a tax cut package of £950 million.

    The most controversial elements of the budget affected the low paid and families with children. The low-paid got the least and the well-paid with no dependents got the most. A radical change in the tax system was seen as a move against one-income families. The top tax rate will now be paid by a single worker once they earn £17,000, by two income families once they earn £34,000, and by one income families when they earn £28,000. The minister believes that this will encourage stay-at-home spouses to take jobs outside the home.

    On top of these changes the minister announced a £8 increase in child benefit payments, a £7 increase in the old-age pension, and a £4 increase in unemployment benefit.

  • Information

    A RTÉ News report on the measures introduced in budget 2000.This report was broadcast on 1 December, 1999.

  • Local keywords
    Memorable Budgets, 2000, Budget, Charlie McCreevy, George Lee, Politics, Economics
  • Geographical coverage
    Ireland
  • Topic
    Politics and Economics
  • Publisher Broadcaster
    RTÉ
  • First broadcast channel
    RTÉ One
  • Production year
    1999
  • Country of production
    Ireland
  • Original identifier
    BN99/335
  • IPR restrictions
    Rights Reserved - Free Access
  • Rights terms and conditions

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  • Item type
    part/extract
  • Item colour
    Colour
  • Item sound
    Mono
  • Aspect ratio
    4:3
  • Language used
    English (eng)
  • Original language
    English (eng)
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