Iain Duncan Smith admits the Tories have not worked out where their £12bn welfare cuts will come from
'As soon as we’ve done the work and had it modelled we’ll let everybody know what that is'
The Conservatives have not worked out where their planned £12bn welfare cuts will come from, Iain Duncan Smith has admitted.
The Work and Pensions Secretary said the Tories had not “done the work” and were not in a position to say which benefits would be curtailed.
Asked why he could not disclose the cuts, he said: “We would have to have done the work on it. That’s why. We would have had to reach agreement as to exactly where those are... as soon as we’ve done the work and had it modelled we’ll let everybody know what that is.”
In March of this year the Institute for Fiscal Studies challenges the Conservatives over their planned cuts and said the Chancellor should spell out exactly which benefits would suffer.
“But it is now almost two years since he announced his intention of cutting welfare spending by £12bn. Since then the main announcement has been the plan not to cut anything from the main pensioner benefits,” Paul Johnson, the Institute’s Director, said.
“We have been told about no more than £2bn of the planned cuts to working-age benefits. And, remember, apparently the ‘plan’ is to have those £12bn of cuts in place by 2017-18. It is time we knew more about what they might actually involve.”
Last week the Liberal Democrats alleged that the Tories have considered cutting child benefit and child tax credit during the course of their coalition government.
David Cameron subsequently said that he would not cut either payment.
Independent News Service