Universal Credit

Tony Baldry Excerpts
Thursday 5th September 2013

(10 years, 8 months ago)

Commons Chamber
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Tony Baldry Portrait Sir Tony Baldry (Banbury) (Con)
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Does my right hon. Friend not feel that every time Labour Members snipe at him they simply show that they are not serious about welfare reform? Does the National Audit Office report not show that universal credit can substantially benefit society and, indeed, can benefit society by some £38 billion by 2022-23?

Iain Duncan Smith Portrait Mr Duncan Smith
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The reality is that this NAO report is very clear about the benefits and very clear that if we get the resets right—it gave us a list of them—and every one of those items has been done, it will save £38 billion. More than that, it will help improve the lives of the least well-off as they are delivered back into work. We should remember that I inherited from the previous Labour Government a chaotic system costing billions—and we are putting it right.