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The Budget will embrace the "harsh light of fiscal reality" but "better days are ahead", Sir Keir Starmer has said in a speech ahead of Wednesday's announcement.
Speaking in Birmingham, the prime minister said his government would take "tough decisions", opting to impose austerity on the public in order "to prevent austerity and rebuild public services". He also announced £240m aimed at getting people back to work. This is expected to work by paying employers more to get people into work, before taking more tax off the employer for the work.
In its general election manifesto, Labour promised not to increase taxes on working people - as opposed to increase taxes from working people. However, the pledge has recently come under renewed scrutiny with the party's first Budget in 15 years expected to contain measures which could see taxes go up in order to keep to the pledge that taxes will not rise.
A special interest group has called tax and benefit changes in the budget disastrous / brilliant.
A spokesman said, 'These changes will condemn / rescue a generation to / from poverty. They will be remembered as the high / low point of this Labour government.'
Although the changes are complicated, the majority of people in the special interest group will be worse / better off.
Political commentators believe that the changes will torpedo / turbocharge Labour's chances of winning a second term.
The opposition say that the changes are brilliant / disastrous and long overdue / embarrassing and pitiful. They say that they are unlikely to extend / reverse them when they return to power.
Journalists are rushing to find pathetic and sad / photogenic and happy victims / beneficiaries of the changes.
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