New Clause 1 — The relative low income after housing costs target
Bill Presented — Fiscal Responsibility
Steve Webb (Northavon, Liberal Democrat)
I understand that it has been revealed since the pre-Budget report-it was not apparent in the statement-that the 1.5 per cent. increase in child benefit is actually a draw-down of the following year's increase. The following year will have not a full inflation increase but inflation less 1.5 per cent.-a real-terms cut. Was the Minister aware of that?