WASHINGTON, D.C. – Today, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. This week, 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—causing even more strain on the budgets of American families and small businesses. Since President Joe Biden took office, CPI inflation is up 19.4%, while PPI inflation has risen 19.0%. Earlier this week following the CPI announcement, Senator Scott released the following statement.

Senator Rick Scott said, “Bidenomics is clearly failing Florida families, and the March inflation report proves that’s true. Under President Biden’s failed Bidenomics agenda, inflation has skyrocketed by 19.4% since he took office. Prices keep climbing, and wages can’t keep up. That’s why I have been fighting every day to stop Democrats from doubling down on the reckless spending that got us here in the first place. As someone who grew up in public housing and watched my mom struggle to pay the bills, I know how devastating inflation is for families like mine growing up. I made a promise when Floridians elected me to the Senate that I would force Washington to work for you, and I won’t stop fighting like hell to end Biden’s bad policies, deficit spending and burdensome regulation and bring fiscal sanity back to your federal government.”

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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