Central News Political Correspondent Alison Mackenzie looks at how today's Budget impacts on the Midlands.
Click here for live updates on today's budget announcement from the House of Commons.
Midlands MPs have high hopes for the budget, but they are also aware the Chancellor prefers the phrase "Steady as she goes" to Giveaways.
Eric Wodke from Quorn says he hopes the chancellor will bring VAT back down to 17.5% and fule prices will be capped or reduced.
The chancellor George Osborne has started announcing details of this year's budget.
Govt could do so much more to directly boost investment in innovation and manufacturing than focussing on Corporation Tax #budget2012
Child Benefit cuts - from cliff edge disaster to slower motion car crash #budget2012
Lib Dems in ecstasy on updating of personal allowances should look at evidence that it has regressive aspects too. Suspect Tories know that.
Over 1m low paid people already taken out of tax altogether. Tax threshold raised further - now 2m lowest earners no longer pay income tax
50p rate only raised one third of the amount previous labour govt said it would be. From next April top rate will be 45p.
Companies now moving to Britain, not away. 1m low paid people lifted out of tax altogether. Need a modern tax system - simpler system needed
Chancellor announces plans for spending on superfast broadband links in Birmingham
"With regards to my salary we'll be losing the children's tax credits and we were using that not for ourselves we were using that for our children and clearly we've got to sit down with the kids and explain to them what we can do such as after school clubs, and what we can't.
That's now hitting us because that's what we were using the tax credits for"
"It's a very serious thing, you think well actually can we really afford to have the heating on all day long, no we can't, so you have to be selective about when you have it on , and sometimes it's well actually you need to feed the children so put an extra jumper on and manage.
It's kind of like that it's really difficult, and you think it's a bit strange in a society like ours you shouldn't be having to think actually basics like heating and food we've got to make a choice between them when we're both working in a western society"
"Just even in terms of shopping for the childrens' clothes it's kinda been out of the question a lot of the time so we just have to rely on people handing clothes down to us.
Household bills, everything;s going up, food costs we find really difficult with four children, we find it really difficult making ends meet at the end of the month"
Jonathan Girling speaking about the pressures on his family