Press Releases

Sen. Rick Scott Issues Weekly Update on Biden’s Inflation Crisis

November 12, 2021

WASHINGTON, D.C. – Today, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. This week, following the latest Producer Price Index (PPI) and Consumer Price Index (CPI) releases from the Bureau of Labor Statistics (BLS), Senator Rick Scott released the below statement highlighting the need to implement substantive fiscal reforms to end the ongoing inflation crisis fueled by the Biden administration’s tax-and-spend agenda. October’s CPI and PPI data shows that there has been a notable increase in inflation every month of Biden’s presidency. Year over year PPI increased 8.6% and CPI increased 6.2% in October, the highest increase on record since November of 1990. Senator Scott is demanding President Joe Biden address the impact of his reckless spending and unconstitutional mandates which are fueling his inflation crisis and massive supply chain disruptions across America. Following the reports released earlier this week, Senator Scott issued the following statement:

 

Senator Rick Scott said, “Every month of Biden’s presidency, inflation has raged higher and prices have increased for hardworking families. His answer? More reckless spending. Gas prices are through the roof, forcing families on low and fixed-income, like mine growing up, to make the impossible choice of either putting a few gallons in the tank or more food on the table. Biden’s answer? Canceling another pipeline. When it comes to helping working American families, President Biden and Democrats in Washington have flown right past sheer incompetence and decided to dive head first into purposeful destruction. You need to look no further than these dismal reports to see that’s true.”

Since being elected to the U.S. Senate, Senator Scott has repeatedly urged action to address America’s debt crisis and the harmful effects of inflation:

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