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As It Happened: Budget 2027 Announced by Ministers
The package includes €1.5 billion in permanent tax cuts and €7 billion in extra spending, with higher payments for pensioners and carers.
- On Tuesday, Finance Minister Simon Harris and Public Expenditure Minister Jack Chambers delivered the €125.6 billion Budget 2027, introducing measures spanning tax, childcare, and welfare spending.
- The government sought to remedy criticisms from last year's budget by spreading tax cuts and spending increases across the board, abandoning previous targeted approaches.
- Highlights include a €1.3 billion income tax package and childcare costs capped at €550 per month, while the higher tax threshold rises to €46,500.
- Sinn Féin TD Pearse Doherty argued the "majority" of workers "won't get a sniff of the €750 tax break," drawing opposition criticism of insufficient impact.
- Labour Party TD Ged Nash described the measures as "devoid of ambition" amid 3.9% inflation, questioning whether budget relief will reach struggling households this year.
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Budget 2027: Weekly Social Welfare Rate Sees €10 Increase
The Department of Social Protection has received a record €30.9 billion as part of Budget 2027, the headline change being a €10 increase in weekly social welfare rates for groups like pensioners, jobseekers and carers.
·Dublin, Ireland
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Budget 2027: Jack Chambers announces string of social welfare changes
Simon Harris has just delivered his first budget as Minister for Finance alongside Minister for Public Expenditure Jack Chambers. The annual Budget was delivered inside Dáil Éireann on Tuesday afternoon, with €8.5bn worth of measures announced. This includes €1.5bn in permanent tax cuts and €7bn in additional public spending. Public Expenditure Minister Jack Chambers and Finance Minister Simon Harris at Government Buildings ahead of Budget 2027…
Coverage Details
Total News Sources15
Leaning Left3Leaning Right2Center2Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 29%
R 28%
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