Budget 2014’s universal truth

By Business Editor David Murphy There is one striking feature about the Budget – universal benefits are back in vogue. The problem with universal benefits is that they are paid to people regardless of their income. Since Ireland entered the bailout in 2010, officials from the EU and IMF have been consistently asking why some benefits – such as child benefit – have been paid to the wealthy as well as the under-privileged. Now the Government has done it again …