Posts Tagged ‘budget from hell’

Ed Balls on the budget from hell

22/06/2010, 05:24:17 PM

For millions of families, this is the budget from hell. The combination of a sharp and unfair rise in VAT, the callous freezing of child benefit and the deepest cuts our public services have ever seen will be a hammer-blow to lower and middle income families.

Not only is this an unemployment budget which will see the jobless total rise by 100,000 a year, but George Osborne has also raised the only tax – VAT – that all the unemployed pay – and pensioners too. (more…)

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