By Michael Steed News Budget 2012 podcast: Michael Steed MAAT’s initial reaction 22 Mar 2012 “This country borrowed its way into trouble. Now we’re going to earn our way out.” So said Chancellor George Osborne of yesterday’s Budget. But what does this mean in practicality? Listen to Michael Steed MAAT’s exclusive podcast covering the highlights of the 2012 Budget below – were his predictions correct? (Update: AAT members can listen to a more comprehensive view from Michael at the Budget 2012 page on the AAT website) Budget 2012: Michael Steed MAAT’s initial reaction by AAT Podcasts Michael Steed MAAT is a speaker at the 2012 AAT Members’ Weekender. Learn more about AAT’s Members’ Weekender and buy tickets Michael Steed is co-chairman of the ATT's tax Technical Steering Group and columnist for Accounting Technician magazine.