Skip to comments.BUDGET 2014: Welfare spending will be capped at £120billion
Posted on 03/19/2014 9:11:04 AM PDT by managusta
Britain's welfare budget is to be capped at around £120billion-a-year to stop the benefits bill ballooning out of control.
Chancellor George Osborne wants to limit the total amount the state spends on handouts, with ministers forced to face a Commons vote if costs spiral.
Only pensions and Jobseekers Allowance will be excluded, meaning a raft of payments including pensioner benefits, income support, maternity pay and most housing benefit could be in the firing line.
Mr Osborne argues that under Labour spending on benefits was 'out of control', with the number of people who have never worked doubling in a decade.
He wants to use the new cap on total welfare spending to keep a tighter grip on the nations finances, so that future Chancellors do not allow benefits to rise when times are good.
The Office for Budget Responsibility will set a forecast for each of the next five years.
If the government is going to breach the cap, the Work and Pensions Secretary will be summoned to the Commons to explain what action, if any, they plan to take before facing a vote.
(Excerpt) Read more at dailymail.co.uk ...
Now they need to stop importing third world freeloaders.
Wish we’d cap ours, and return the funds to who they rightly belong: the working taxpayers!
If freeloaders want bennies, they can just learn to do what the rest of us do ....WORK FOR THEM.
A potential idea for a Convention of States amendment:
“Outlays no greater than receipts and no greater than 17.5% of previous years GDP. Congress may suspend the 17.5% limit for one year on a roll call vote of 3/5 of members. “
I agree with the first part, but not the second. The Fed can blackmail and do blackmail Congress now into voting for increased budgets under threat of losing key Federal dollars among their constituency. Also, the psychological effect of a way out would be too much of a temptation (how much budget reform do we see now, given the catastrophic events we are faced with if nothing is done?). They would suspend it every year and there would be no limit. Either eliminate the possibility of suspension, or have add wording so that they may never exceed a slightly higher threshold, perhaps 19%, no exceptions.
The same holds true here. Immigrants use the welfare system to a far higher degree than natives.
“Sooner or later you run out of other people’s money.”
Now who was it that said that again? Hmmmm.
I would be good with capping ours at about 25 cents per person, that way the parasites would at least have enough money to call somebody who gives a s**t. Or maybe go with NINO...if you pay Nothing In, you get Nothing Out of us who do.
You already do cap yours. Theoretically anyway. All that happens is that a vote is taken to exceed the level of national debt to get over the “difficulty”.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.