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Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 11:30 am on 24th June 2015.

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Photo of Harriet Harman Harriet Harman Leader of Her Majesty's Official Opposition, Leader of the Labour Party 11:30 am, 24th June 2015

Well, I am asking about robbing from children in families who are facing tax credit cuts. The Institute for Fiscal Studies says that cutting £5 billion from tax credits would mean working families losing, on average, £1,400 a year. Now I know the right hon. Gentleman does not have to budget, but many families do—[Interruption.] That is the truth—[Interruption.] It is the truth. If hon. Members will just for a moment think about a lone parent working part-time: to compensate her for that loss of £1,400, the minimum wage would have to go up overnight by 25%. That is not going to happen, is it?