October 4, 2023
Sinn Féin Alternative Budget 2024 – Investing in Housing, Health and Climate Action

Sinn Féin have today launched the party’s Budget 2024 proposals. The submission outlines how a Sinn Féin government would invest in the future by investing in housing, health and climate action.

The priority measures include:

  • Delivering 21,000 social and affordable homes
  • Putting one month’s rent back into renters’ pockets, banning rent increases for 3 years
  • Cut income tax, including USC, for those earning under €100,000 to increase the take home pay of low and middle income workers.
  • Reducing the cost of healthcare, tackling waiting lists and training more staff
  • Reducing the cost of childcare by two thirds
  • Making retrofitting affordable for ordinary works and families as part of a major increase in investment in climate action
  • Recruiting an additional 1,000 Gardaí
  • Ensuring the right to retire on a pension at 65
  • Planning for Irish Unity including the establishment of a Citizens’ Assembly

Speaking today, Sinn Féin President Mary Lou McDonald TD said:

“Sinn Féin are committed to investing in the future. This means investing in housing, health and climate action to deliver a fairer future for all.

“The crises in housing and health are the legacy of successive Fine Gael and Fianna Fail policies. More Fine Gael and Fianna Fáil budgets will only result in more of the same bad policies. A Sinn Féin Budget is needed. Our budget proposals illustrate the type of change that a Sinn Féin government would deliver.”

Sinn Féin spokesperson on Finance, Pearse Doherty TD said:

“We need a Budget that delivers for ordinary workers and families. People are under huge pressure from the cost of living crisis and they need a break. Sinn Féin’s Budget does exactly that. Our proposals outline how we would ensure they get a break from these crippling costs. This means cutting rents, cutting childcare costs, delivering mortgage interest relief and affordable energy costs.

“We are putting fairness at the heart of taxation policy. Sinn Féin’s tax proposals will reduce income taxes for those earning under €100,000.

“Our financial proposals would build affordable homes, tackle the high cost of living, reduce health waiting lists, respond ambitiously and fairly to the climate crisis and commence planning for a United Ireland.

“For 2024, Sinn Féin are proposing a budget package of €6.8 billion. Our tax package will also be comprised of reductions in tax worth €1.8 billion, to put more money back in workers’ pockets and to support Irish enterprise and the agricultural sector.”

Sinn Féin spokesperson on Public Expenditure and Reform, Rose Conway-Walsh TD said:

“Sinn Féin’s budgetary strategy is built upon the core objectives of supporting households with the high cost of living, investing in the productive capacity of our economy and delivering quality public services while building resilience of the public finances.

“This strategy is underpinned by a credible fiscal plan, delivering a sustainable increase in core expenditure. By investing in the future, we can deliver a better, fairer Ireland for all.”

Sinn Féin spokesperson on Housing, Eoin Ó Broin TD said:

“Solving the housing crisis – building affordable homes – is critical to the wellbeing of every generation, to the delivery of quality public services and to economic growth. A Sinn Féin government would make housing its number one priority and housing is our Alternative Budget 2024’s number one priority.”

Sinn Féin’s 2024 Alternative Budget can be read here.

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Sinn Féin’s Mary Lou McDonald has reached out to the leaders of the Social Democrats & Labour, and other progressives.

Fianna Fáil and Fine Gael forming a government would be the worst outcome for the country!

Our team will meet on Wednesday to discuss next steps. @EOBroin

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“The numbers are there for Fianna Fáil and Fine Gael to form a government together. This would be the worst possible outcome for the people of the country.”

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