Press Releases

Sen. Rick Scott: Joe Biden’s Cluelessness Fuels His Raging Inflation Crisis

November 10, 2021

WASHINGTON, D.C. – Today, following the latest Consumer Price Index (CPI) release 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 data shows that there has been a notable increase in inflation every month of Biden’s presidency. Year over year consumer prices increased 6.2% in October—the highest increase on record since November of 1990.

 

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 today’s dismal CPI report to see that’s true.”

 

According to today’s CPI release, price increases over the year in October included:

  • Gasoline: +50%
  • Utilities: +28%
  • Meat and Eggs: +12%
  • All Food: +5.4%
  • Transportation: +4.5%
  • Rent: +3.5%

 

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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