Government under pressure amid child benefit cuts
The UK government has today announced plans to cut child benefit where one parent in the family earns in excess of £44,000 a year. The move has attracted significant criticism from opposition parties although when you look at it realistically, perhaps those on £44,000 plus a year may not require the child benefits currently on offer as much as those on little or no employment income?
It is suggested that the move could save around £1 billion a year for the UK government and further reduce the ever expanding welfare budget in the UK. This is a move which had been expected by many in the Conservative/Liberal Democrat party and indeed when you consider that David Cameron is effectively "hitting" his mainstream supporters this perhaps perfectly illustrates the need to be tough yet fair.
The Labour Party has been quick to jump on the bandwagon of criticism for David Cameron and his coalition government although ultimately any savings at the top end of the welfare benefits system should in due course assist those towards the bottom end. The truth is that perhaps child benefit and other relatively small benefit payments on offer are worth more to those on lower incomes than those on higher incomes?
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