Bermuda’s issued debt is over $3 billion – close to $3.5 billion, and the vast majority of this debt was created by PLP Governments.
Yet Premier Burt had the audacity to stand up in Parliament on Friday and try to blame Bermuda’s staggering $3 billion plus debt on the OBA’s four years in government.
When the OBA challenged the Premier on that falsity, Premier Burt simply made up some numbers, saying the OBA “doubled the debt” from $1.2 billion to $2.4 billion.
The Premier’s statement is false.
In the House of Assembly, the OBA challenged the Premier, citing the debt contained in the Government’s own Budget Book – taking him to the actual page. However, the Premier simply repeated his false numbers again.
Remember, this is our Finance Minister. If he is going to launch a political attack on the OBA, then he better make sure he’s on solid ground with his facts. The OBA did not become the Government until February 2013.
The OBA inherited a PLP Budget for 2012/13 that increased Bermuda’s debt to $1.57 billion. That’s $370 million more than what the Premier told Parliament.
This is Bermuda’s Finance Minister. He should have his math right. This is Bermuda’s Premier.
He should stick to the facts.
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