People's Budget called the People's Budget "a revolutionary concept" because it was the first budget in British history with the expressed intent of redistributing wealth equally amongst the British population. It was a key issue of contention between the Liberal government and the Conservative-dominated House of Lords, leading to two general elections in 1910 and the enactment of the Parliament Act 1911. The Budget was introduced in the British Parliament by David Lloyd George on 29 April 1909. Lloyd George argued that the People's Budget would eliminate poverty, and commended it thus: The budget included several proposed tax increases to fund the
George Lloyd, 1st Baron Lloyd every two months. Lord Lloyd married Blanche Lascelles, daughter of the Hon. Frederick Lascelles, in 1911. He died of myeloid leukaemia at a clinic in Marylebone, London, in February 1941, aged 61 and was buried at St Ippolyts, Hertfordshire. He was succeeded in the barony by his son, Alexander. Lady Lloyd died in December 1969, aged 89. He was known to be homosexual. "Lord Lloyd and the decline of the British Empire", John Charmley, Weidenfeld 1987 George Lloyd, 1st Baron Lloyd George Ambrose Lloyd, 1st Baron Lloyd, (19 September 1879 – 4 February 1941) was a British Conservative politician strongly