An Taoiseach Micheál Martin says Budget 2022, announced by Government on Tuesday, 'can't do everything'.
But he says it will help a lot of people with reductions in income tax and other charges across the board.
Ministers Paschal Donohoe and Michael McGrath announced a budget package worth €4.7bn - with expenditure worth €4.2bn and €500m of tax measures.
Half price public transport for young people, a large increase in the number of Gardaí and subsidies for childcare are among the biggest measures.
The main weekly welfare payments, including the State pension, are to rise by €5 a week - along with the weekly fuel allowance.
Mr Martin told Newstalk Breakfast people will see more money in their pockets.
"This budget can't do everything, but it certainly moves to protect people in respect of cost of living increases.
"And that's reflected particularly in housing and health, education, childcare, and the various social welfare increases.
"If you take it all together, for many families it represents important increases in income and reductions in charges".
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