Clare’s Independent TD believes price caps may be needed on essentials electricity and food to confront the rising cost of living.
The Government is examining extending the fuel allowance season, cutting VAT on fuel and food and setting up a hardship fund for low income families.
No decisions have been taken, though it’s believed the Department of Finance is worried about putting more money into an economy already hit by rampant inflation.
Scarriff-based Independent Deputy Michael McNamara believes limits on prices in a range of sectors may be needed.
