WASHINGTON, D.C. – Today, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. As Floridians are struggling to make ends meet, reports from the Bureau of Labor Statistics showed that the federal government’s key inflation indicators, the Consumer Price Index (CPI) and Producer Price Index (PPI), rose even more in October putting strain on the budgets of American families and small businesses. Since President Joe Biden and Vice President Kamala Harris took office, CPI inflation is up 20.7%, while PPI inflation has risen 20.5%.

Earlier this week, following the CPI report being released, Senator Rick Scott said, “Since the Biden-Harris administration took office, inflation has skyrocketed more than 20% and its failed economic agenda has wreaked havoc on the American Dream. The American people clearly want change in Washington to turn our economy around and end the inflation nightmare this administration has created. When President Trump takes office in January, I am confident we will finally change course and end the Biden-Harris inflation catastrophe that has plagued families and their wallets for the past four years.”

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 and HERE for Senator Scott’s Quarterly Economic Snapshot.

See more from this week on X, formerly known as Twitter:

###