£10bn to be cut from welfare bill
GEORGE Osborne warned parents on benefits they must make a 'financial decision' about whether to have more children as he confirmed the Government is looking at how much money they receive.
The Chancellor said he was 'asking questions' about whether mothers and fathers should automatically get more cash if the size of their family increases.
Speaking at the Conservative Party Conference in Birmingham, Mr Osborne set out plans to slash a further £10 billion from the welfare bill on top of the £18 billion of cuts that are already under way in a bid to balance the books.
He insisted the economy was 'healing' and pointed to a reduction in the deficit and a boost in the number of private sector jobs as proof.
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Mr Osborne said the Conservatives were looking at whether it was right that parents on welfare automatically received extra cash for having more children amid speculation that child benefit, income support or tax credits could be withheld.
The Chancellor said yesterday: "One of the questions we ask is when you are in work and you want to have another child you have to consider the financial cost of that because it is an expensive thing to do, wonderful as it is to have more children.
"When you are on benefits you automatically get extra money when you have a child, so you can be better off. We are just asking the question, does that work?"
Mr Osborne denied hammering the poor and said there would be new taxes on the wealthy in the coming years