Budget Protest League past made sacrifices to avoid. In reaction to the formation of this League there was formed a Budget League—chaired by Winston Churchill—to promote the "People's Budget". Budget Protest League The Budget Protest League was a British pressure group formed in June 1909 and led by Walter Long to oppose David Lloyd George's "People's Budget" outside of Parliament. The League attacked the Budget's Finance (1909-10) Act 1910 as Socialist because of its income tax rises, increased death duties, and a land value tax in order to redistribute this to old age pensions. It was not linked to tariff reform. It produced
David Lloyd George still intermittently in the public eye and publishing his War Memoirs. Lloyd George was President of the London Welsh Trust, which runs the London Welsh Centre, Gray's Inn Road, from 1934 until 1935. In January 1935 Lloyd George announced a programme of economic reform, called "Lloyd George's New Deal" after the American New Deal. This Keynesian economic programme was essentially the same as that of 1929. MacDonald requested that he put his case before the Cabinet, and so in March Lloyd George submitted a 100-page memorandum that was cross-examined between April and June in ten meetings of the Cabinet's sub-committee.