The term the people's budget referred to

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The People's Budget was a bill proposed in 1909 by British Chancellor of the Exchequer, David Lloyd George, that aimed to help the aged and the unemployed by taxing the rich. The proposed taxes on high-income earners and wealthy landowners were intended to fund social welfare programs, including old-age pensions and better housing for the poor. The People's Budget was heavily criticized by the House of Lords, which rejected it as an attack on the aristocracy. However, the bill eventually became law in 1911, following a constitutional crisis that resulted in the Parliament Act, which limited the power of the House of Lords to veto legislation passed by the House of Commons.

The Term the People's Budget Referred to