Tory-controlled work and pensions select committee rebuke Treasury and call for full rethink of chancellor’s plansGeorge Osborne has suffered a political setback over his plans to cut working tax credits when a Conservative-controlled select committee condemned his proposed reforms and urged him to consider a pause to undertake a fundamental rethink of his priorities in reforming the welfare state.
In a report,the work and pensions select committee argues that a slower phasing in of the tax credit cuts would compromise neither the government’s commitment to cut spending on welfare nor its aim to balance the books by the conclude of the parliament. The report was agreed unanimously, including by six Tory MPs.
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Source: theguardian.com