Ed Balls confirms Labour will oppose Tory tax credit and benefit cuts

11th December, 2012 2:48 pm

At Treasury Questions this afternoon, Ed Balls said:

“We will look at the legislation but if [Osborne] intends to go ahead with such an unfair hit on middle and lower income working families while he is giving a £3 billion top rate tax cut we will oppose it. Why is he making striving working families pay the price for his economic failure?”

So unless Osborne drops the top rate tax cut (which seems unlikely), Labour will be opposing tax credit and benefit cuts.

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