Budget Day

Budget day is one of the most important days in the Houses of the Oireachtas calendar. On budget day, the Minister for Finance presents the Budget Statement to Dáil Éireann. The Budget Statement outlines the general economic and fiscal outlook and the changes the Government proposes to make to taxes and spending. TDs have the opportunity to make speeches in response to the Budget Statement.

After the Budget Statement, the Government moves financial resolutions, and Dáil Éireann debates these resolutions. The debate may be held over a number of days. If the Dáil does not agree to the Government’s financial resolutions, a vote is called and the resolutions are declared carried or lost.

After the budget

In order to implement the changes it proposes in the Budget Statement, the Government may need to ask the Houses of the Oireachtas to amend certain legislation. It does this by introducing Bills. For example, to change the amount of tax levied, the Government introduces a Finance Bill and to change social welfare payments, the Government introduces a Social Welfare Bill. These Bills are normally debated and passed by the Houses of the Oireachtas by the end of the year.

Video

Budget 2018 - Studio Debate

Watch Oireachtas TV's documentary on the budget, including an overview of the budgetary process, a debate with political commentators and interviews with the director of the Parliamentary Budget Office and members of the Committee on Budgetary Oversight.

View video

Budget 2018: debates

Watch or read the debates on the 2018 budget in Dáil and Seanad Éireann.

Budget 2018: legislation

Track the legislation introduced to implement Budget 2018.

The Oireachtas and the budget

The Oireachtas and the budget

For more information on the role the Oireachtas plays in the budget, see the L&RS infographic.

Committee on Budgetary Oversight

The Committee on Budgetary Oversight holds meetings with stakeholders and reviews the issues that form part of budget considerations. It publishes a pre-budget report with recommendations for the Government.

Parliamentary Budget Office

The Parliamentary Budget Office (PBO) provides independent and impartial information, analysis and advice to the Houses of the Oireachtas.