Written Question·Treasury·UIN 1455
Social Security Benefits: Children
Tabled: 23 July 2024
Answered: 30 July 2024
Named DayQuestion
Chris Hinchliff
Labour — North East Hertfordshire
To ask the Chancellor of the Exchequer, what estimate her Department has made of the increase in the annual rate of GDP growth that would be required to fund the removal of the two-child benefit cap.
Answer
Darren JonesHad the UK economy grown at the average rate of OECD economies over the fourteen years from 2010, it would be £143.3 billion larger – worth £5,053 for every household in the country. This could have brought in an additional £58 billion in tax revenues in ...
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