IDS: Bedroom Tax Has Saved Taxpayers £1 Billion

Iain Duncan Smith has said continuing to pay for properties with spare bedrooms would have cost the equivalent of £32 for every household in the country. He pointed to figures showing that the numbers hit by the bedroom tax were falling by 4,000 a month, as those affected either obtained work or voluntarily downsized their property to adjust to the reforms. The saving amounts to £1 million a day, the cost of hiring 18,000 nurses or 13,000 police officers a year. Mr Duncan Smith added that the reforms, which apply to tenants in social housing such as council homes, restored “fairness” to the system. Read more on the Daily Telegraph website.