People's Budget People's Budget The 1909/1910 People's Budget was a proposal of the Liberal government that introduced unprecedented taxes on the lands and high incomes of Britain's wealthy to fund new social welfare programmes. It passed the House of Commons in 1909 but was blocked by the House of Lords for a year and became law in April 1910. It was championed by the Chancellor of the Exchequer, David Lloyd George, and his young ally Winston Churchill, who was then President of the Board of Trade and a fellow Liberal; called the "Terrible Twins" by certain Conservative contemporaries. Churchill's biographer, William Manchester,
Richard Lloyd George, 2nd Earl Lloyd-George of Dwyfor father died of cancer and he inherited his peerage, unusually becoming the first member of the family to sit in the House of Lords, as David Lloyd George had been too ill to do so. He wrote a biography of his mother, "Dame Margaret". Richard Lloyd George, 2nd Earl Lloyd-George of Dwyfor Richard Lloyd George, 2nd Earl Lloyd-George of Dwyfor (15 February 1889 – 1 May 1968) was a British soldier and peer in the peerage of the United Kingdom, a member of the House of Lords from 1945 until his death. The son of the Liberal prime minister David