WASHINGTON, D.C.—Today, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. Since President Biden took office, his so-called “Bidenomics” agenda has caused inflation to skyrocket nearly 18%, hurting the ability of hardworking Florida families to make ends meet. Senator Scott grew up in public housing and knows firsthand how devastating inflation is on low-income families, like his growing up. According to the Senate’s Joint Economic Committee, since Joe Biden took office in January 2021, American households are spending…

• 49% more on air transportation
• 39% more on repair of household furniture and appliances
• 35% more on gasoline and other motor fuels
• 34% more on eggs
• 32% more on public transportation
• 27% more on electricity and gas
• 27% more on school meals
• 24% more on poultry, beef, and veal
• 21% more on food overall
• 19% more on rent

Additionally, as Congress negotiates government funding, Senator Scott continues to fight for fiscal sanity in Washington and shared the following to highlight the Biden administration’s reckless spending that has put America on the trajectory for fiscal disaster with debt on track to eclipse GDP by 200% by 2052. See more HERE.

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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