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Work and Pensions Committee
The Committee is investigating the distributional impact of the proposed April 2016 tax credit cuts in the context of the other measures announced in the Budget; the quality of the analysis produced by the Government to support their proposals; other options for achieving fiscal savings that will mitigate the impact on the least well of; and the implications for work incentives and the Government's wider objectives in welfare reform.
Evidence given by Paul Johnson, Director, and William Elming, Research Economist, Institute for Fiscal Studies, Torsten Bell, Director, and Adam Corlett, Economic Analyst, Resolution Foundation.
Work and Pensions Committee Chair expresses satisfaction over decision to scrap tax credit reforms.