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

February 4, 2022

WASHINGTON, D.C. – Today, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. Since being elected to the U.S. Senate, Senator Scott has urged government accountability to the American taxpayer.

 

In this week’s Budget Committee hearing, he asked, for a second time, Office of Management and Budget (OMB) Director nominee Shalanda Young basic questions regarding the nation’s finances. Again, she was unable to answer his questions furthering his concerns about the Biden administration's inability to protect families as America’s debt and inflation crises are skyrocketing.

 

Following the U.S. Treasury’s announcement earlier this week that the United States’ gross national debt has surpassed $30 TRILLION, which equates to $239,800 per U.S. taxpayer, Senator Scott released the following statement:

 

Senator Rick Scott said, “Today is a sad day for the United States of America. For years, I have been warning about the devastating consequences of our rapidly rising federal debt, but its fallen on deaf ears in Washington. We should be clear – the situation we find ourselves in is not the fault of one party, it’s a total failure of the federal government to take care of the precious taxpayer resources provided by the American people. But, in the face of this looming threat, Democrats have chosen not to reverse course, but throw even more gasoline on the fire and rush to spend trillions more without any accountability to the taxpayer. It is our responsibility to put structural reforms in place, like the multiple pieces of legislation I have introduced over the last three years, to get our country back on the path to economic prosperity and leave the Biden and the Democrats’ reckless tax-and-spend agenda behind. In Florida, we have proven that the path to economic strength and stability is paved by cutting taxes, cutting burdensome regulations and mandates and making sure families have every opportunity to thrive in safe neighborhoods. It’s time for Joe Biden to follow our lead and put our country back on the right track. He owes nothing less to America’s future generations.”

 

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. Click HERE for a comprehensive list of his statements and actions on this urgent issue. 

 

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