Paschal Donohoe discusses cost-of-living measures in the upcoming budget

Paschal Donohoe discusses cost-of-living measures in the upcoming budget

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the upcoming budget measures as part of BUTCHER 2024, with decisions to be made in September and October. It highlights the focus on addressing the cost of living challenges despite inflation decreasing. The Summer Economic Statement outlines a budget with over 6% spending increases, while being cautious of inflationary pressures. The Universal Social Charge is also discussed, emphasizing its importance in funding public services and the challenges of its abolition.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What parameters were outlined in the Summer Economic Statement regarding budget spending?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the government face regarding inflation and budget measures?

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