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.
More from LabourList
‘Poverty has many root causes – Labour must tackle them all’
‘How Labour’s big ideas for education reform are chiming with parents’
‘Despair at the Tories explains huge poll leads – but Labour can’t rely on it’