Memorable Budgets - 1995, Rainbow budget

A Rainbow Budget

The rainbow coalition government budget was delivered by Ruairí Quinn. There were significant concessions for the lower paid in PRSI and income tax. The standard 27% tax rate band was increased for single and married people. Tax relief for all tenants in private rented accommodation was introduced. Information leaks prior to the Minister's speech resulted in the resignation of Junior Minister for Finance Phil Hogan.

Budget Leaks Lead to Resignation of Junior Minister

Una Claffey reports on leaked budget information that led to junior minister Phil Hogan surprising the Dáil by announcing his resignation from government.

Interview with Phil Hogan

Phil Hogan talks to Peter Cluskey after his resignation from government.

Ringsend Pub Poet Reacts to Budget

Joe Little visits Minister for Finance Ruairí Quinn's constituency to gauge reaction to the budget. One drinker in a Ringsend pub is inspired to poetry.