The Chancellor should pursue new welfare reforms focused on intergenerational fairness.
Posts Tagged: Tax Credits
Politicians should not be afraid to offer practical advice to their constituents.
He cannot wave away the possibility, even the likelihood, of recession returning before 2020.
Iain Dale: Europe. Cameron is ready to wave a piece of white paper declaring “An agreement for our time”
Plus: Osborne squeezes the rich till their pips squeak. Prime Minister Corbyn, and other fantasises. Stephen McPartland has balls of steel. And: No breast jokes here.
Matthew Sinclair: No 0.7 per cent target. The budget kept at current levels. Go for humanitarian help. A compromise on international aid.
I think a deal on development is actually possible. The two sides are not as far apart as they often seem.
The Prime Minister and the Chancellor will undoubtedly now be brooding about means of getting the Home Secretary out of the Home Office.
Also: SNP forced into tax credits u-turn; Welsh Government fears grant cuts; support for united Ireland falls to 13 per cent; and more.
Plus: The Enemy Within rings me during my LBC programme. Back Hunt – defy the BMA. And: I want to buy Margaret Thatcher’s clothes.
Whilst Michael Gove has risen to the top.
The Government finds itself boxed in by its own decisions.
The number of rebels has risen; it is concentrated among post-2005 intake Tories, and in seats that are either marginal or were until recently.
Spending rose by 331 per cent over the New Labour years. The current Chancellor wanted to decrease it by 19 per cent.
Like Russia, the Chancellor is never as strong or as weak as he looks. But the conditions that helped his deficit reduction drive in 2010 no longer apply.
Friedman and Hayek’s beloved policy would help the poor, make work pay and fulfil the surplus target.
Tory MPs would have forced changes to Osborne’s tax credit plan in any event. Are they really up for the tough decisions that deficit reduction requires?