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Many newspapers and politicians have been calling yesterday's fiscal statement a 'Budget for Benefits Street'. Here's three reasons why that is not accurate 🧵

70% of the additional spending from removing the two-child limit will go to families who are in work. This is targeting support for low-income working households who are being priced out of a decent standard of living despite doing everything asked of them.

Removing the two-child limit accounts for less than 1 per cent of social security bill. To remove 450,000 children out of poverty, that's pretty good return on investment.

Read our full analysis here 👇 www.ippr.org/media-office...