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+ | == Osborne stands firm on Child Benefit – Telegraph Blogs == | ||
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+ | <div class="entry"><p>It wasn't quite the duelling banjos on Marr today, but having seen them at Treasury Qs last week we've had another outing of the Treasury rivals, and what a fascinating contest it is going to prove to be. The CFP* was up first, looking even sharper than ever and noticeably at ease. The overall tone was avuncular and easygoing. His performance justified Ed Miliband's decision to put Alan Johnson in as Shadow Chancellor if the aim is to reassure: television likes politicians who are at ease with themselves. AJ made a point of bigging up Alistair Darling and his plan for tackling the deficit. But he slipped in plenty of wriggle room which entitles us to question whether Labour intends to be serious about the deficit. Three lines jumped out: 'we are an opposition, not a government'; 'we are not setting out an alternative CSR'; 'we had a plan, we are just reformulating it'. Put together,Toms Shoes Outlet,Why are the old unable to borrow - Telegraph, Mr Johnson is telling us that?Labour will snipe from the sidelines, but will not be a credible participant in this debate. Notice also that Mr Johnson trialled a line of attack about the Coalition taking more money off Child Benefit than off the banks,lululemon outlet canada, ahead of tomorrow's Labour announcement of a bigger levy on banks to pay for ?7bn <em>more</em> capital spending,lululemon outlet canada?(though he seemed to say that such a move would have to be subject to international agreeement –,Toms; did he really mean that?),lululemon outlet.</p><p>George Osborne followed (shame we couldn't see the body-language between the two at the handover). He may not quite match the Mod smoothness of the CFP,lululemon canada, but then he is the Chancellor and needs to display a certain formality. I thought he too was confident, assured, on top of his brief and persuasive. But frankly who cares? ?None of these judgments matter for the moment. We'll assess him properly from Wednesday onwards when we see the colour of his money (btw did I hear that it's actually Danny Alexander as CST making the statement in the Commons? Must check). He gave away a few details: aircraft carriers 'will live up to their name', real increase for schools budget, Crossrail, Mersey gateway, diamond synchotron (what's that, Ed?) and universal broadband saved (must remember to check small print). On the political debate,Cheap Toms, he said he would not revisit the Child Benefit decision (good, the wobble is worse than the initial decision): "Is it fair at a time like this for people on ?10-20-30,000pa to pay Child Benefit to someone earning ?50,000? At a time like this it would be totally unreasonable to leave the top fifth of the population unaffected by some of these changes,Rugby and bullfighting the true France – Tel," he said. He must hope that when we get the whole CSR the fairness argument will be a tad more persuasive than it is now.</p><p>Where the morning went slightly wrong for Mr Osborne was the exchange about tax. My note has him criticising "rich people who avoid tax because they are just like benefit cheats." He then corrected himself by saying "I am talking about tax evasion". The context was a wider discussion about banks and the need to see them abide by the spirit of the tax laws as well as the letter (for the first time he has talked about the banking code of practice introduced by the last lot; only four out of 15 of the major institutions have signed up,lululemon outlet online, he said). He's right about demanding that everyone,Five nice things to say about Hugo Chavez on his anniversary – Telegraph B,Toms Shoes, not just banks,Toms Outlet, abide by the spirit of the law. Mr Osbone is aware of the popular enthusiasm for a tougher line against those people blame for the mess. But is it wise to lump in those who use legitimate means to limit their tax liability with benefit cheats the day before Channel Four does a programme on wealthy Tories who avail themselves of legitimate financial wheezes not available to the rest of us.</p><p>*Charismatic Former Postman</p></div> |