Austerity was a political choice. Now it’s starting to look like a bad one
by Heather Stewart from on (#RHTV)
Tax credit cuts, the latest extension of Osborne's policy, have for the first time provoked outspoken criticism of the chancellor from the right as well as the left
David Cameron is "delighted" that MPs backed the Conservatives' plans for swingeing tax credit cuts last week. George Osborne told MPs on the cross-party Treasury select committee he was "comfortable" about the "judgment call" he had made.
For the families who will receive letters in the coming weeks revealing precisely how much they will lose in April - 1,000 a year for more than 3 million households, according to the Institute for Fiscal Studies - that language will seem uncaring, casual even.
Tax credit cuts may be the policy that sees Osborne's carefully constructed political edifice crumble
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