OBR says Treasury will breach welfare cap by £20bn over duration of current parliament after cuts reversalThe Treasury will breach its self-imposed welfare cap by £20bn over the duration of the current parliament following the U-turn on disability benefits, the government’s spending watchdog has confirmed.
The Office for Budget Responsibility (OBR) said the reversal of a carve in personal independence payments (PIPs)would add another £1.3bn a year to a welfare budget that was already £2.7bn over a limit set by George Osborne before the general election last May.
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Source: theguardian.com