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IFS comments on spending cuts

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06-25-2010, 04:16 AM

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IFS comments on spending cuts

Respected think tank, the Institute for Fiscal Studies (IFS), has commented on this week’s budget and said low-income families will be hard hit due to changes to child benefit and tax credits.Robert Chote, IFS director, comments: “Osborne and Clegg have been keen to describe the measures as progressive in the sense that the rich will [...]

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