In a desperate measure to save David Cameron's Tories, wee Georgie told a massive £3.5 BILLION porkie today.
He pledged that if the Tories win the next general election - whenever it comes - they would raise the inheritance tax threshold to £1 million.
Georgie claimed he'd make up the £3.5 billion a year shortfall to the Treasury caused by this proposal with plans on residence and domicile.
But within hours, a £2.9 billion BLACK HOLE has been exposed in his uncosted plan, clearly demonstrating why Britain could not afford to risk to our stable, strong economy by putting Cameron and Osborne in charge.
They couldn't be trusted as bankers on a monopoly board, let alone the nation's finances.
Alistair Darling, the real Chancellor of the Exchequer says:
"Initial costings by the Treasury show that George Osborne's proposal would raise a maximum of £650m, leaving at least £2.9 billion short. So George Osborne cannot afford the promises he is making. He cannot afford to cut inheritance tax.Wake up Georgie, it's time for school...
"Their sums simply do not add up. There is a gaping black hole at the heart of their tax and spending plans. Today's commitments come on top of £3 billion in tax credit changes, which Mr Osborne admitted today might not be fundable in the next parliament, as well as their commitments on stamp duty and business taxes."