Expect big cuts in housing benefit, the removal of child benefit from out-of-work families with more than two children, and a reduction in the benefit cap.
The Chancellor says he will prioritise further cuts to the housing benefit budget before making any changes to universal pensioner benefits.
At his monthly press conference, the Deputy PM refuses to rule out reducing the benefit cap or limiting child benefit to two children for out-of-work families.
The Tory MP's plan to limit all child-related benefits to two children would undermine the 'striver'/'scrounger' divide by hitting all families, regardless of their employment status.
Homelessness has now risen by 34% since 2010, with measures including the benefit cap and the bedroom tax blamed by the Joseph Rowntree Foundation and Crisis.
The Chancellor suggests a future Tory government would make large welfare cuts, including a lower benefit cap.
With one in six of the workforce having claimed Jobseeker’s Allowance in the last two years, job insecurity is hindering attempts to reduce poverty.
More bad news for Duncan Smith as the National Audit Office says there are "considerable weaknesses" in the department's financial controls over the programme.
Work and Pensions Secretary says incapacity benefit story was "nothing to do with the department" and adds: "I've tried to get my colleagues at Central Office to check first".
The Work and Pensions Secretary says he "never wanted to dwell on figures" after the OBR forecasts less than 10% of his original target will be met.