New Clause 1 — Repeal of Tax Credits Regulations 2015

Part of Welfare Reform and Work Bill (Programme No. 3) – in the House of Commons at 1:15 pm on 27th October 2015.

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Photo of Owen Smith Owen Smith Shadow Secretary of State for Work and Pensions 1:15 pm, 27th October 2015

Completely. It is one of the more risible statements I have heard from the Government. It is, once more, a measure of the contempt with which they hold certain sections of the British public that they think they can pull the wool over the eyes of people. They describe themselves, laughably, as the party of labour and the party of the workers, while they are cutting the wages of working people: 3.3 million families will be hit to the tune of £1,300; 200,000 children will be put into poverty next year, and 600,000 children over the period; and 70% of the cuts will fall on working mothers. The tax credit cuts will destroy the “economic miracle” the Tories like to talk about. Some 90% of the cuts will be devastating for the people involved. The statistics speak for themselves. After I have given way to my hon. Friend, I will describe the human impact of the cuts.