Sefton Central Labour MP Bill Esterson challenged Tory-Lib Dem government Secretary of State for Work and Pension Iain Duncan Smith to explain why the poorest families in the country are being forced to pay twice as much as bankers.
Bill quizzed the government Minister about the unfairness of the Tory-Lib Dem government's economic policy in which the poorest are being forced to pay for the greed of the bankers who caused the financial crisis.
Questioning Iain Duncan Smith in the House of Commons, Bill said: "If the Minister believes in fairness, why are the poorest families paying twice as much as bankers who were the ones who caused the crisis?"
Speaking afterwards Bill said: "George Osborne said in March 2010: 'We are all in this together. I am not going to balance the budget on the backs of the poor.' But that's exactly what he is doing. He is hitting the poorest to pay for the mistakes of the bankers while the bankers are getting away Scot free.
"The Autumn Statement confirmed that the Tories and Lib Dems are burdening those who can least afford it with paying for the greed of the banking industry. They are hitting families, hitting children, hitting the poorest.
"The House of Commons Library has revealed that a family with two children, on the minimum wage, earning just £200 a week, will lose £320 next year as a result of the Tory-Lib Dem’s cuts to tax credits."
Bill said the government should be targeting the bankers and not the poorest.
Bill said: "Bankers caused this crisis, but the bankers are still getting their bonuses and are not being held to account.
"But those who didn't cause the crisis are being hit the hardest to pay for the mistakes of the bankers.
"It simply goes to show that the Tories and Lib Dems are looking after the wealthy while hitting ordinary working people hard. It is unfair and it is immoral."