PAC to examine allowances cuts23/10/2012 - 07:24:23
The Public Accounts Committee will today begin to examine how to scale back allowances paid to politicians.
Every year, a total of €1.5bn euro is paid out to ministers, TDs and senators in both vouched and unvouched expenses.
Committee Chairman, Deputy John McGuinness, will be pressing the case for getting rid of unvouched allowances altogether.
He says allowances should be fully accountable. as they are in private businesses.
"I have always believed that there should be vouched allowances only, in other words if you're drawing down an expense you should have a receipt.
"Unvouched allowances is an arrangement whereby you draw down a lesser amount over 12 months and you have discretion over the spend.
"I believe the criteria needs to spelled out and there needs to be regulations put in place."
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