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 20.1%, while PPI inflation has risen 19.2%. Earlier this week following the PPI announcement, Senator Scott released the following statement.

Senator Rick Scott said “President Biden’s handling of the economy is a total failure. Under Biden’s watch, Americans are spending more, getting less and having to work multiple jobs just to make ends meet. As a kid, I saw my mom fight to keep our bills paid and food on the table, but we often went without. With PPI inflation up over 19 percent since Biden took office, too many Florida families are facing that same struggle. Democrats have no plan to fight inflation because they don’t care about hardworking American families. I’m fed up with their bad policy and the pain it’s causing and won’t stop fighting to balance the budget, pay down debt and bring fiscal sanity back to Washington.” 

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 Twitter:

###