The 65 billion euro question: how to spend the massive budget surplus

Over the next three years the Government is going to have a cumulative budget surplus of a projected €65 billion - the biggest budget surplus in our history. The spending choices are as many and varied but how should the vast pot of money set to roll into the exchequer be spent? To help solve the housing crisis? On money-in-the pocket cost-of-living measures? Or generations-long visionary one-off infrastructure schemes?

Will the spending strategy be long term and structural – or short term and popular with an eye on the next general election.

Cliff Taylor teases out the opportunities such a windfall offers, why it is happening and what the Government should do.

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