This Blog recently published a claim by Shadow Chancellor John McDonnell that George Osborne has, basically, lost the plot. Here’s a little more evidence to support that claim.
If Osborne’s plan to impoverish tax credit recipients raised concerns from Tories that it would punish working families unfairly, how does he think taking Housing Benefit away from the very same people will play any differently?
Another article may go into frontline policing cuts in depth, but the main issue is that Osborne seems to be planning to make the UK more vulnerable to terrorist attack, at a time when it seems increasingly likely.
Finally, Gideon’s deficit reduction plan is in tatters – but he is not worried! This is the promise that keeps on giving the Tories electoral victory after all – in the face of the facts. We all know that the only way to decrease the national deficit is to build up the economy (right?) but Osborne is sticking to his claim that cutting spending is the right way to go – childish ideological claptrap.
If Mr McDonnell is right, then Justine Greening will be sharpening her knife even as this piece is published.
The chancellor, George Osborne, is expected to fund the softening of the blow of controversial tax credits reductions by taking away housing benefit from many of the same people who will lose out.
Osborne’s tax credit changes were defeated in the House of Lords last month, with many in his own party worried they would punish working families unfairly.
The transitional arrangements will be set out in the five-year spending review, which will include further cuts at the Home Office for Theresa May – expected to lead to another round of reductions in frontline policing. The chancellor will also be forced to admit that deficit reduction forecasts for this year have proved over-optimistic and his hope of reaching a £10bn surplus at the end of the parliament is unlikely to be fulfilled.
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