George Osborne has defended his position as Chancellor as MPs prepare to vote to approve his Budget.
Mr Osborne told the Commons that if Britain wanted to build a "strong and compassionate society" the country had to live within its means.
"We have to back business to create jobs and we have to make sure work pays by putting more money into the pockets of working people."
The Chancellor also used his opening remarks to pay tribute to Ian Duncan Smith, who resigned as Work and Pensions Secretary last week over planned controversial cuts to the welfare budget.
George Osborne is due to defend his Budget in parliament today following the government u-turn on welfare cuts.
Mayor London weighs in on Iain Duncan Smith's resignation and the abandoned disability payment cuts on ITV's The Agenda tonight.
MPs wonder aloud whether the chancellor is 'too scared' to respond to an emergency question over his budget.