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 the first shot, and Lloyd George sent a public reply, moderate in tone (the journalist C. P. Scott helped him draft it), on 25 May. In late May, the executive of the National Liberal Federation convened to plan the agenda for the following month's conference. 16 were pro Asquith and 8 pro Lloyd George; they planned a motion expressing confidence in Asquith, but another option was also proposed to seek Asquith’s opinion first, and also general feeling of regret at having been forced to choose between Asquith and Lloyd George. Asquith then wrote another public letter (1 June) stating that