Michael McGrath has been Minister for Public Expenditure and Reform for 15 months. In that time, he has delivered two budgets. Budget 2021 will be recorded as truly exceptional for a host of reasons, not least the speed, scope and scale of the pandemic spending he allocated. Budget 2022 is a different beast. Locked into a spending rule that ensured more fiscal discipline than in many previous years despite buoyant tax revenues, Budget 2022 is less a transitional budget than a transition back to normality. Because of this, many commentators, including myself, have accused this Minister of lacking vision in…

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