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 November 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 20.6%, while PPI inflation has risen 20.8%. Earlier this week, following the PPI report being released, Senator Scott released the following statement.

Senator Rick Scott said, “Bidenomics has been a complete failure for the American people these past four years. Record inflation has forced families to cut back spending, seniors to come out of retirement and small businesses to shut down. Biden-Harris price hikes have plagued Americans' wallets and savings accounts, and that has all played a role in The American Dream being erased during the failed Biden administration. Under Biden, the hopes for a brighter future dwindled, but with President Trump back in office, and Elon Musk and Vivek Ramaswamy heading the Department of Government Efficiency (DOGE), there is renewed hope for a government that works for the American people instead of sticking them with the cost of reckless spending and massive bureaucracy. That’s why I am a founding member of the Senate DOGE Caucus and continue to fight like hell every day to bring down prices and end all the reckless spending coming out of Washington. The American people are more ready than ever for President Trump to get to work, bring prices down and end the inflation nightmare the Biden-Harris administration has caused.”  

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.

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