The Opposition One Bermuda Alliance has failed again to present its plans for dealing with the national debt, according to the ruling party.In a statement released by the Progressive Labour Party yesterday Neville Tyrell, candidate for district 11, Devonshire East, criticised yesterday’s column by the OBA’s Pembroke Central candidate Andrew Simons saying the initiatives outlined merely meant more spending.‘From a party that decries spending, all they’ve offered is to spend even more money!“They offered massive tax cuts that we can’t afford, a massive new institution that could cost in the hundreds of millions and said that they would spend even more on other programmes,” said Mr Tyrell.“You know what we didn’t see in the OBA’s column? We saw no ideas and no solutions for reducing the debt. And, no, making reference to money that was already spent in the past does not constitute a spending cut.“The only thing the OBA offered was more spending. They didn’t tell us how they were going to deal with the debt and what they would cut.“In December 2010, Bob Richards said that it had to be all about austerity. Austerity means deep and damaging cuts to jobs, education and much more.“The OBA has had yet another opportunity to speak, and they still have offered no ideas and no solutions for how they’re going to deal with the debt.”Mr Simons’ column was a response to a PLP candidate Walton Brown’s opinion piece last week in which he asked what the Opposition would do if elected and suggested that the party “focuses on a balance sheet more than human misery”.“The One Bermuda Alliance will use its talent and experience to stabilise the island’s fractured economy while working towards a society of social and economic equity,” wrote Mr Simons.“Sound policies, which have been thought through first, will encourage growth.“We talk about the country’s balance sheet because only strong government finances create the necessary environment to deliver jobs; don’t forget that almost 3,000 people can’t find work on our Island. Good government requires competence and compassion.”He then outlined policies from the OBA’s Reply to the Budget including a two year tax exemption for new Bermudian hiring, cutting employee payroll taxes for those earning less than $50,000, establishing an international Risk Institute and streamlining the work permit process for new companies.Mr Simons also criticised Government handling of the public purse and said the OBA had the management skills to do better.He argued that revenue windfalls from the international business sector in 2003 and 2007, totalling “hundreds of millions of dollars”, did not translate into proportionate spending on the most vulnerable.“Despite the political ads, DayCare, FutureCare, the Economic Empowerment Zones, and job training add up to no more than $14 million of spending each year,” Mr Simons said.