UK Politics

Labour Party: IFS confirms children hit hardest by Spending Review

News   •   Oct 22, 2010 13:49 BST

George Osborne’s Spending Review continued to unravel today as the Institute for Fiscal Studies took apart his claims to be fair and progressive.

Alan Johnson MP, Labour's Shadow Chancellor, said:

"It's now clear children have been hit hardest by this Government. And it's a double whammy. At home, they lose the most from George Osborne's tax and spend changes. And at school, children will see the money available for their education cut."

Andy Burnham MP, Labour’s Shadow Education Secretary, said:

“This regressive spending review is a blow to families in the squeezed middle. Far from investing in our children's future as the Chancellor claimed, the spending review cruelly takes away hope and life chances from young people from less well off backgrounds.

"At home, families will shoulder a huge burden, with cuts in child tax credit, child benefit and the child trust fund.

"While at school, children and young people will suffer the coalition’s cuts to further education, the Educational Maintenance allowance that helps poorer pupils stay in school after 16, and to school capital.

"Children who have lost out can see that claims of 'we're all in this together' bear as much resemblance to reality as the High School Musical show it comes from."

Angela Eagle MP, Labour's Shadow Chief Secretary to the Treasury, said:

"George Osborne's smoke and mirrors have well and truly unravelled. On any measure his plans hit the poorest hardest. And the IFS have all but called him a liar for his ridiculous claim that he is cutting less than Labour planned."

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