Press Releases

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

September 17, 2021

WASHINGTON, D.C. – Today, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. As the wasteful, reckless spending of the Biden administration and congressional Democrats leads to growing inflation and rising prices of every day goods, Senator Scott is urging the president to end his failed economic policies and address rising inflation on American families.

Earlier this week, following the Bureau of Labor Statistics release of its latest Consumer Price Index (CPI) release data which shows that year over year, consumer prices increased 5.3% in August after increasing 5.4% for the 12-month period ending in July 2021, Senator Rick Scott released the below statement:

Senator Rick Scott said, “I can’t say it enough: reckless and wasteful government spending causes inflation, and we’re seeing that play out month after month under unified Democrat rule in Washington. Today’s CPI release shows that for eighth straight months, our nation has experienced significant increases in prices. That’s eight months of families struggling. I grew up poor and saw my parents struggle to stretch every dollar to put food on the table. Now, too many families are going through that same thing in Joe Biden’s America. Every dollar that Democrats add to the debt, every massive, reckless spending package they push forward, only further fuels Biden’s raging inflation crisis. We won’t stand for it, and neither will the American people. The data speaks for itself – America’s credit card is maxed out and it’s past time to get America’s financial situation back under control.”

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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