Nassau, Bahamas - This
Free National Movement Government has failed Bahamians in their
governance and management of the financial affairs of The Bahamas
through reckless borrowing, uncontrolled spending and their overall
financial negligence. 

The
PLP Parliamentary Caucus in their communications on the Budget for this
fiscal year, made note on the inaccuracies of the budget projections.  Specifically,
in my Budget Communication I made note that this Government has had a
trend of inaccurate budget projections- underestimating expenditures and
over estimating revenue. It was pointed out that the most recent
example was last year's Budget where expenditure was 24 million dollars
more than forecasted and revenues were an alarming 94 million dollars
less than projected...