The article discusses the need for reforming Child Benefit, a universal payment that is given to all families without consideration of income. The last serious proposals for reform were buried due to public discontent. Under current rules, affluent families continue to receive substantial benefits, highlighting an imbalance in the system. A thorough report led by Ita Mangan recognized the importance of Child Benefit, suggesting that reforms should consider its social significance rather than just financial metrics, following demands stemming from the IMF-EU bailout.
"The last serious attempt to reform Child Benefit was met with widespread disapproval, leading to its proposals being overlooked for a long time."
"The IMF-EU bailout necessitated a re-examination of Child Benefit, which provides a universal payment irrespective of a family's income."
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