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Is this good news (budget)?

(35 Posts)
Ana Sat 16-May-15 16:41:15

What is the definition of child poverty?

durhamjen Sat 16-May-15 14:53:29

Cameron was very keen on putting into law that he would not put up tax rates.
A legally binding target which seems to have been forgotten about is to eliminate child poverty by 2020, or at least reduce it to below 10%. At the moment, it is 17% and will rise to 21% by 2020, according to the IFS, if there are £12 billion of social security cuts.
It doesn't matter whether their parents are in work or out of work, children can still be poor.

durhamjen Sat 16-May-15 14:33:55

The Guardian article also said that Labour had no shadow chancellor. Chris Leslie is the shadow chancellor, having worked in finance for over five years.

durhamjen Sat 16-May-15 14:14:00

Again, Teetime? He's not a very good, cleaner, is he, if it's taken all this time. He's on a bit more than the minimum wage, as well.

annsixty Sat 16-May-15 14:08:11

How firmly was your tongue stuck in your cheek Teetime?grin

Mishap Sat 16-May-15 14:06:36

We wait and see. I hope it is not too harsh on young families struggling with making ends meet, and both having to go out to work.

Teetime Sat 16-May-15 14:06:01

George has to have a budget so he can clean up the mess left by the last government . grin

Ana Sat 16-May-15 13:27:29

Oh yes, just read the Guardian article, and this is the relevant bit:

'The IFS said the scale of the overall savings - 10% of the part of the welfare bill not spent on pensioners - would involve the Conservatives looking at child benefit, child tax credit and disability allowances.'

So not what Osborne has said, just speculation by the IFS.

Ana Sat 16-May-15 13:16:00

Where did you read that, petallus?

As far as I'm aware, Osborne hasn't revealed any facts and figures about the budget yet.

petallus Sat 16-May-15 13:08:16

I read today that Osborne intends to cut 10% off the welfare budget, including child allowance, tax credits and disability allowances.

He is leaving untouched that part of the budget which goes to pensioners.