WASHINGTON, D.C.—Today, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. According to data released Tuesday from the Federal Reserve in its Economic Well-Being of US Households report for 2023, about 65% of US households said changes in prices made their financial situation worse in 2023. The Federal Reserve also reported that challenges paying rent increased in 2023. To read the full Fact Sheet from the Federal Reserve, click here.

Sen. Rick Scott said, “Inflation has risen every month that Joe Biden has been president. That’s over 37 months of consecutive increases that have piled up on Florida families and forced them to make tough choices, all because of Biden’s reckless spending and failed policies. I grew up in public housing and watched my mom struggle to make ends meet. Now, families all across America are dealing with that same hardship. It’s time to bring fiscal sanity back to Washington by cutting spending and getting government the heck out of people’s lives. That’s what I’m fighting to do each day and I won’t stop working to reverse Biden’s bad agenda and make Washington work for Florida families by driving down prices.”

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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