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,
David Lloyd George putting through Parliament his National Insurance Act 1911, making provision for sickness and invalidism, and a system of unemployment insurance. He was helped in his endeavours by forty or so backbenchers who regularly pushed for new social measures, often voted with Labour MPs. These social reforms in Britain were the beginnings of a welfare state and fulfilled the aim of dampening down the demands of the growing working class for rather more radical solutions to their impoverishment. Under his leadership after 1909, Liberals extended minimum wages to farm workers. Lloyd George was considered an opponent of war until the Agadir