Britain launches radical welfare reform
British Prime Minister David Cameron claimed the reform would make more than 2.5 million of the poorest people in Britain better off and ensure that people will always get more money from work than on benefits.
He explained the heart of the bill is the idea that "Never again will work be the wrong financial choice. Never again will we waste opportunity."
"We're finally going to make work pay -- especially for the poorest people in society," Cameron added.
Cameron also claimed the reform would reduce the welfare cost by 5.5 billion pounds ($8.9 billion) over the next four years by limiting housing benefit, reforming tax credits and taking away child benefit from higher-rate taxpayers.
He said over the past 10 years Britain's welfare bill increased by 56 billion pounds ($90.6 billion), well above inflation.
Under the reform plans there will also be new powers and rules to tackle fraud which costs the taxpayer around 5.2 billion pounds ($8.4 billion) a year.
Cameron said this reform is the most "radical changes" to the welfare system since it began, and "it is not an exercise of accounting, it's about changing our culture." Kazinform cites China Daily. See www.chinadaily.com.cn for full version