“We have been very clear child benefit is staying … We’re keeping it, not cutting it. I believe strongly in child benefit. With me child benefit stays as it is.”
But just seven weeks later — and after Iain Duncan Smith warned that slashing welfare by £12bn would hurt the poorest — the Sunday Times has been briefed (£) that the full cuts are not only happening but that housing benefit and tax credits are “expected to account for the bulk of the savings”:
“Targeted savings that have been discussed in Whitehall and are expected to be introduced include … restricting child tax credits to a couple’s first two children.
The real party of working people (unless you’re in a low income family with three kids).