️<unk>️<unk>️<unk>️  George Osborne<unk>'s pre-election budget next week will be a <unk>steady as you go<unk> exercise. Above, the Chancellor pictured ahead of the budget last year. 12billion cutting from the nation's bloated benefits bill will be at the heart of the Tory pitch for a second term in office.<unk> 12billion cutting from the nation's bloated benefits bill will be at the heart of the Tory pitch for a second term in office.<unk> George Osborne's pre-election budget next week will be a <unk>steady as you go<unk> exercise with the emphasis on sustaining growth and reducing the deficit. <unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk><unk> ️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️ <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> Financial officials believe £5billion can be raised from a crackdown on tax avoidance and evasion on top of the £12billion annual welfare saving.<unk>Financial officials believe £5billion can be raised from a crackdown on tax avoidance and evasion on top of the £12billion annual welfare saving.<unk> <unk> <unk> <unk> <unk> The Tories say they will raise the point at which people pay higher rate income tax to £50,000 by the end of the next Parliament<unk> lifting hundreds of thousands of middle class professionals out of the 40p band. <unk> <unk> <unk> <unk> ️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️ ️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️ Although public borrowing for 2014-15 is expected to come at below the £91billion projected in the autumn statement last December, the Chancellor will have little wiggle room for electoral giveaways. Although public borrowing for 2014-15 is expected to come at below the £91billion projected in the autumn statement last December, the Chancellor will have little wiggle room for electoral giveaways. ️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️ However, another tax break for millions...<unk>
<unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> Total cap on welfare claims to be cut to £ 23,000 from £ 26,000 now. (Total cap on welfare claims to be cut to £ 23,000 from £ 26,000 now) <unk> <unk> <unk> <unk> <unk> <unk> Restricting child benefit to three children for new claimants and extending a freeze on benefit increases; <unk> Restricting child benefit to three children for new claimants and extending a freeze on benefit increases; <unk> Restricting child benefit to three children for new claimants and extending a freeze on benefit increases; ️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️ Persons under 25 to lose their right to housing benefit and unemployment payments if they refuse offers of work, training or education. - Persons under 25 to lose their right to housing benefit and unemployment payments if they refuse offers of work, training or education.