By David Hanson MP / Latest News / 0 Comments

Budget will hit the Poorest

Delyn MP David Hanson has condemned the Tory-Lib Dem coalition’s Budget as an attack on some of the poorest people in Flintshire.


David Hanson said:


“I have been clear both before and after the election that to severely cut public spending this year would impact on growth, on employment and could plunge the UK back into recession.


“Labour had a tough deficit reduction plan which would have halved the deficit over the next four years. Last week the Government’s new Office of Budget Responsibility was clear that borrowing is forecast to be lower than anticipated in March – by some £9bn.


“Despite this, the Tory and Lib-Dem coalition would have us believe that the situation is worse than it is so they can implement the cuts that they want to.  The increase in VAT to 20% is a regressive tax that will impact on pensioners and the poorest in our society the most.


“Cuts in tax credits and a real terms cut in child benefit will affect families and much of the work that has been done to get people out of poverty could be undone.


“Whilst economic growth remains fragile this is not the time to be taking money out of our economy. Without growth there can be no effective plan to reduce the deficit and I will fight hard against these cuts in Parliament.”