How does the aspiring Work and Pensions Secretary want to raise money for Labour’s new flagship policy in Scotland?
A @UKLabour govt will scrap the #BedroomTax & @scottishlabour will use the savings for £175 million Scotland Cares fund to tackle poverty
— Rachel Reeves (@RachelReevesMP) March 24, 2015
Reeves wants to scrap the bedroom ‘tax’ and “use the savings” to raise £175 million. But, as should be obvious from Labour’s name for the policy, the bedroom ‘tax’ actually reduces government spending. Saving around a billion pounds so far in fact. Therefore scrapping it would not, as Reeves thinks, ‘save £175 million’. On the contrary, it would cost over a billion. Not like Reeves used to be at the heart of Labour’s Treasury team or anything…
@RachelReevesMP @UKLabour @scottishlabour What savings? Won't you have to spend more?
— C4 News FactCheck (@FactCheck) March 24, 2015
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