Tory MPs had a briefing meeting today with George Osborne which a number of them used to press the Chancellor about the tax credit cuts. Peter Aldous raised concerns about the changes, which which lower the threshold for withdrawing tax credits from £6,420 to £3,850 and speed up the rate of withdrawal as pay rises, and was supported by colleagues.
But though it was quite clear to the Chancellor that a large number of MPs from across the party – not just troublemakers – were seriously worried about the changes, he didn’t give anything away about any changes he could make. Instead, the case he made to MPs was that the Tory party was elected on the basis that it would cut £12bn from the welfare budget, and that there is no other way of reaching that target without making the changes to tax credits.
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