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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/reforms-may-drag-many-into-poverty.jpg"><img class="alignnone size-full" title="The Institute for Fiscal Studies forecast contradicts Chancellor George Osborne's claims that the spending review will not affect child poverty" src="http://londonglossy.com/wp-content/uploads/2010/12/min-reforms-may-drag-many-into-poverty.jpg" alt="The Institute for Fiscal Studies forecast contradicts Chancellor George Osborne's claims that the spending review will not affect child poverty"/></a></p>
<p>Hundreds of thousands of people will be dragged into poverty by the Government&#8217;s tax and benefit reforms, according to research from a leading economic think-tank.</p>
<p>The respected Institute for Fiscal Studies (IFS) forecast an overall rise in poverty among children and working age adults over the next three years.</p>
<p>Its findings contradict Chancellor George Osborne&#8217;s claims that the spending review will not affect child poverty over the next two years.</p>
<p>Campaign groups described the projected rise in child poverty as &#8220;totally unacceptable&#8221; and &#8220;disastrous&#8221;.</p>
<p>The IFS predicted a rise in absolute poverty &#8211; defined as households with a real terms income of less than 60% of the median in 2010/11 &#8211; of 900,000 by the end of 2014.</p>
<p>Relative poverty &#8211; measured against the median in any given year &#8211; would increase by 800,000, it said. The figures include the first rise in absolute child poverty for 15 years. They would have been higher still except for a general decline in living standards as average earnings fail to keep up with inflation.</p>
<p>The research suggests that the Government&#8217;s tax and benefit reforms &#8211; compared with the policies inherited from Labour in May &#8211; would increase absolute poverty by 200,000 children and 200,000 working age adults in 2012/13. &#8220;This finding is at odds with the Government&#8217;s claim in the 2010 spending review that its reforms will have no measurable impact on child poverty in 2012/13,&#8221; the IFS said.</p>
<p>In 2013/14, the tax and benefit changes would take another 300,000 children and 500,000 adults into absolute poverty, the IFS found.</p>
<p>Any rise in poverty would be a major setback to the Government&#8217;s target of reducing absolute child poverty to 5% and relative child poverty to 10% by 2020/21. Meeting those goals, enshrined in law by this year&#8217;s Child Poverty Act, would require the biggest falls in child poverty in more than half a century, the IFS calculated.</p>
<p>The Treasury said there was &#8220;considerable uncertainty&#8221; in the IFS results which meant they &#8220;may not be meaningful&#8221;.</p>
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