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Stung by accusations of targeting the poor in the Comprehensive Spending Review, not to mention misleading voters by reneging on central electoral promises in exchange for power, deputy Prime Minister Nick Clegg has decided to pick a fight with the respected think-tank the Institute for Fiscal Studies (IFS). There can only be one winner in this fact spat, and it will not be Mr Clegg.
Among the Chancellor’s targets in the Comprehensive Spending Review are social housing and those who need it. The capital budget has been slashed, and new tenants may face being charged up to 80 per cent of market rents.