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Sunday, 21 June 2015
Conservatives agree £12bn cuts plan
Osborne and Iain Duncan Smith have agreed a plan to cut benefits spending by
£12bn a year.In an
article for the Times, the chancellor and the work and pensions secretary pledge
to tackle the “damaging culture of welfare dependency” and say they will outline
their plans for cuts to working-age benefits in the budget on July 8 and the
Whitehall spending review in the autumn. They state: “This government was
elected with a mandate to implement further savings from the £220bn welfare
budget. For a start, we will reduce the benefit cap and have made clear that we
believe we need to make significant savings from other working-age
all our reforms will have these central aims: to ensure the welfare system
promotes work and personal responsibility, while putting expenditure on a
sustainable footing.” The announcement comes the day after tens of thousands of
anti-austerity protesters took to the streets nationwide.