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Owen Smith says Labour policies 'fully costed and paid for' Carwyn Jones says Wales Labour government 'example' for party
(35 minutes later)
Shadow Welsh Secretary Owen Smith has defended Labour policy announcements, saying they had been "fully costed". The First Minister Carwyn Jones has told the Labour conference that he leads a government that is "a living, breathing example" of what the party can achieve in power.
Party leader Ed Miliband is making a series of pledges to tackle what he calls a cost of living "crisis". Mr Jones defended Labour's record on jobs, the NHS and schools in a speech in Brighton.
Wales Labour leader Carwyn Jones told the party conference that housing benefit changes are "40,000 good reasons" in Wales to elect a Labour prime minister. Earlier, Shadow Welsh Secretary Owen Smith said policy announcements by leader Ed Miliband were "fully costed".
Conservatives claim a "black hole" in the spending plans. Conservatives claim a "black hole" in Labour spending plans.
Labour has said it would extend childcare and axe controversial changes to housing benefit affecting social tenants in England, Scotland and Wales deemed to have spare bedrooms. Wales Labour leader Mr Jones, in his speech, spoke about his party's record in government Wales.
"We have different policies in Wales because they're right for our people," he said.
"We are building a Wales that's a living, breathing example of what Labour values can achieve when in government."
Mr Jones told the conference that housing benefit changes by the coalition governmnt in Westminster were "40,000 good reasons" in Wales to elect a Labour prime minister.
A reversal of the changes affecting social tenants in England, Scotland and Wales deemed to have spare bedrooms was one of the pledges by Mr Miliband to tackle what he calls a cost of living "crisis".
Labour has said it would also extend childcare.
A Treasury analysis released by the Tories shows Labour promises would require more than £1,000 extra borrowing per household in 2015.A Treasury analysis released by the Tories shows Labour promises would require more than £1,000 extra borrowing per household in 2015.
But Mr Miliband insisted Labour's plans were "clearly costed" and described claims of a £27.9bn "black hole" in Labour's spending plans as "nonsense". But Mr Miliband described claims of a £27.9bn "black hole" in Labour's spending plans as "nonsense".
This was backed by Pontypridd MP Mr Smith at the conference in Brighton.This was backed by Pontypridd MP Mr Smith at the conference in Brighton.
"We will pay for it by introducing changes to the law that will allow tax loopholes for hedge funds that the Tories introduced - that's £150m," Mr Smith told the BBC, ahead of his own speech."We will pay for it by introducing changes to the law that will allow tax loopholes for hedge funds that the Tories introduced - that's £150m," Mr Smith told the BBC, ahead of his own speech.
"We'd introduce the scrapping of this ludicrous notion of workers being able to sell their employment rights for shares and we'd introduce other changes that offer tax benefits to the construction industry."We'd introduce the scrapping of this ludicrous notion of workers being able to sell their employment rights for shares and we'd introduce other changes that offer tax benefits to the construction industry.
"Fully costed, fully paid for, very clear and absolutely the right thing to do.""Fully costed, fully paid for, very clear and absolutely the right thing to do."
Welsh Labour leader Carwyn Jones told delegates there would be much talk during the conference about the "harm the Tories and Lib Dems are wreaking on ordinary families up and down the land".
He said this was because of their "one-size-fits-all approach to welfare reform, and a "laissez-faire approach to the economy which has resulted in so many young people being out of work".
Mr Jones added a list of what he called the achievements of the Welsh Labour government, covering areas such as jobs, health and education.
"In Wales we have a Labour government - we need a Labour government in Scotland... we need a Labour government in London," he said.
Working together was a way to "give people hope" he said.
"In Wales, because of the bedroom tax, there are 40,000 good reasons to elect a Labour prime minister," he added.