The government are spending more money than they are making.
The Irish Fiscal Advisory Council says with the economy performing so well, it doesn't need support from budgetary policy.
The Council has advised the government that a more restrained approach would prevent overheating the economy, leaving the country in a better position should there be an economic downturn.
Chief Economist with body, Niall Conroy, is recommending a move away from the yearly budget.
Niall spoke to us this morning on The Agenda about this.
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