Press Releases

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

November 19, 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, the Congressional Budget Office (CBO) released data that confirmed President Joe Biden’s reckless tax-and-spending bill is not paid for and increases the federal debt by more than $367 billion. However, once the budget gimmicks in the bill are accounted for, according to a report from the University of Pennsylvania’s Wharton School of Business, President Biden’s complete proposal would actually increase U.S. debt by nearly $2.5 TRILLION, further fueling his raging inflation crisis.

 

Senator Rick Scott said, “The CBO confirmed what I have been saying for months: President Biden’s reckless ‘Build Back Broke’ plan is not paid for and will bankrupt this country. When Biden said the plan was paid for – he lied. When Biden said the plan cost $0 – he lied. Adding insult to injury, Democrats are also using this reckless bill to give massive SALT tax cuts to their liberal rich donors in blue states while cutting funding for hospital charity care and hiking taxes on working American families. All this while throwing gasoline on Biden’s raging inflation crisis with trillions in reckless government spending. It’s all in the Democrats’ plans to cut the American people down and make everyone totally dependent on government programs. Americans want to work, they want to bring home a paycheck, and they want to provide for their families. It’s time for government to get out of the way, stop taxing people to death and ditch this failed agenda of systemic socialism. I came here to make Washington work for Florida families and you can bet I’m going to fight like hell to stop this disastrous bill when it gets to the Senate.”  

 

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:

 

See more from this week on Twitter:

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