WASHINGTON, D.C. – Today, Senator Rick Scott released the below statement following the latest Producer Price Index (PPI) release from the Bureau of Labor Statistics (BLS), which showed inflation continued to rise in March increasing 2.7% over the year. Since Joe Biden became president, PPI has risen 16.7% over the past two years.

Senator Rick Scott said, “Producer Price Index inflation is up 16.7% since Joe Biden took office. It’s not only a crisis the White House caused, but continues to shamefully deny and ignore. Ask any family if they are better off today than they were two years ago and they will say no. I grew up watching my mom struggle to put food on the table and no family should have to go through that. Until we see real reforms when it comes to how Washington manages debt, families will continue struggling. I WILL NOT stand for that. It is time to get Washington’s fiscal house in order, stop the reckless spending, balance the budget and grow the economy. It’s time for Biden to meet with Speaker McCarthy so that Congress can do its job and stop letting families struggle—it is time to put together a plan, and return to fiscal sanity in Washington.”

According to today’s PPI release, price increases over the year in March included:

• Fresh Fruit & Vegetables: +18.3%
• Eggs: +116.1%
• Pasta: +26.2%
• Pet Food: +18.1%
• Cleaning Supplies: +21.3%

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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