The Budget unveiled earlier today by your Progressive Labour Party is a strong statement in support of our deeply held values of fairness for all Bermudians. It offers relief to those in need and a responsible path forward towards a Bermuda where everyone benefits.
Addressing the OBA’s Mixed Messages
The OBA has shockingly acknowledged some of the budget’s positives. But instead of building on that, they’ve returned to misleading claims and political games.
Responsible Financial Management
Our finances have been handled responsibly, and the progress that has been seen in our economy didn't happen by accident. It was a result of prudent, responsible, Bermudian-focused strategy.
Unlike the OBA, which:
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Doubled the debt.
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Furloughed public service workers.
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Cut public services.
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Cost taxpayers hundreds of millions at Morgan’s Point and the airport.
The PLP is delivering stability and growth.
Key Highlights of the PLP Budget
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Tax Relief: Cuts taxes for hardworking Bermudian families, saving the average family of four $1,000 a year.
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Healthcare Investment: Expands prescription drug coverage and access to annual preventative visits.
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Support for Families: Eliminates waiting periods to access home health care benefits.
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Boosting Public Services: Increases funding for education, social services, and infrastructure.
A Commitment to Inclusive Growth
Yes, there’s more work to do because we believe that every Bermudian should benefit from our growing economy, and not just the wealthy and privileged. But all of our members are proud that today the PLP has delivered Bermuda’s first balanced budget in 21 years.
Fairness in Action
While the OBA points fingers, the PLP is demonstrating fairness in action and building toward a Bermuda where everyone benefits.