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Budget Resolutions and Economic Situation

I am most grateful to the hon. Gentleman. I do not think that he was paying attention to the Budget speech last week when the Chancellor said:"““One option would be to raise that personal tax allowance further. But spending £500 million on a family tax cut in this way would give a two-child family on median earnings . . . £22 a year more, or 40p a week. However, using the same resources to raise the child tax credit will give that same family a tax cut worth £140 a year more, over six times as much””.—[Official Report, 22 March 2006; Vol. 444, c. 295.]" Can the hon. Gentleman explain how his proposal would be in line with compassionate Conservatism?