Good morning. today Institute of Finance Its interactive "is Prime Minister" tool has been launched. In a press release announcing it Tim LeunigNesta’s chief economist developed it with IFS, he said:

Governance is the choice. The tool will help decision makers, potentially becoming decision makers, and those trying to influence them to make better choices. It is clear that the choices facing our country today are not easy.

This tool allows anyone to explore the consequences of different choices in terms of spending and taxation.

One person who might be logging in is Angela Raynerdeputy labor leader and housing secretary. According to the Telegraph, she developed a strong interest in the government's tax policies and hoped that taxes would be higher.

In his story Ben Riley-Smith Report:

In the documents our reporter saw, the Deputy Prime Minister proposed eight tax increases, including restoration of pension lifetime allowances and changes to dividend taxes.

She also recommends a new raid on millions of people who pay additional income tax rates and higher corporate tax levels.

According to the estimates mentioned in the document, these measures will increase tax revenue by £3 billion to £4 billion per year. The real number will be much higher, as no specific estimates for certain policies are given.

The memorandum is a direct challenge to the Prime Minister’s approach to using spending cuts this year, rather than rising taxes to fill the black hole in U.S. finance.

Here is a telegram graphic showing how many Reiner proposals might be raised.

Secret government memorandums are always fun. However, the recommendations in the Whitehall documents did not always become official policy, and the telegraph noted that the Reyner department sent it to Prime Minister Rachel Reeves before the spring statement. Despite speculation that Reeves might use the Spring Statement to raise taxes, ultimately she didn't, and the Reyner document is still just a wish list.

Surprisingly, though, it seems to have entered the public sphere. Riley-Smith said in his report that Rayner would not completely destroy the news.

The deputy prime minister's allies said she became increasingly angry as the Treasury spending cuts must be publicly defended and privately delayed.

It is understood that insiders of the Treasury made it clear that although Ms. Reeves welcomed the contributions of all Cabinet colleagues as she decided on tax and expenditure policies.

Simon Finkelsteina former Conservative Special Adviser described it as: "Absolute classic of this type: a letter to the Prime Minister, before the expenditure review/financial activity, the incident was intended to leak..."

The Conservatives tried to exploit the leak, but (now as usual) it fluffy by crossing the top. In the statement Mel Stridethe shadow minister said:

This confirms that we are still living in Jeremy Corbyn's Labour Party. At the highest level, the Labor Secretary is debating what taxes to increase next.

Big Step seems to miss out on the point that these proposals are not really implemented, and the Labor leadership has not turned to “Bobbyism” (not all of these proposals equal that), which is why Reiner may feel “angry.” (It would sound wiser if he had just issued a press statement challenging Keir Starmer to rule out these ideas.)

The Conservative Party may be crucial, but as the Telegram reports, the labor left approved the Labor Party’s recommendations. Andy McDonald's Tell the paper:

My feeling is that many labor MPs are concerned that the Prime Minister’s fiscal rules and spending cut proposals hit lower income recommendations. The proposal to increase taxes from the wealthy will make taxes more equitable and support public services.

In today's plan, ask if Reiner's proposal is "various things the government should consider, another backseater, Neil Duncan - Jordananswered: "Absolute."

He continued:

Currently, there is a very healthy debate within Labour’s party about how we should raise additional funds instead of cutting benefits. I think there is a menu of options we should use and these are just some of them.

We will undoubtedly hear more about this on PMQS.

This is the agenda of the day.

10 am: Work and Pension Secretary Liz Kendall spoke in IPPR IQ, defending the proposed welfare cuts.

noon: Use Starmer the weak bear bidenge in PMQ.

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