Tax Credits (Income Thresholds and Determination of Rates) (Amendment) Regulations 2015

The noble Lord has set out an alternative policy which the Government might have followed, but they did not. We are not dealing with the alternative policy but with what actually happened. He is saying that the Government have seen a way of doing things that he does not like. It does not alter the fact that this a money matter and he wants this House to overturn a majority decision in the Commons on a money matter.