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 19.8%. Earlier this week, following the CPI announcement, Senator Scott released the following statement.

Senator Rick Scott said, “While Democrats are just now waking up to Joe Biden’s clear incompetence, American families have been dealing with his Bidenomics disaster every time they’ve gone to the store and pump for the last three years. Inflation is up 20.1% since Biden took office, meaning his inability to lead isn’t just embarrassing for our country, it’s destructive and painful for the millions of American families that can’t keep up with his high prices and record inflation. The American Dream is further out of reach, and when I think about a family like mine growing up that lived in public housing and struggled to make ends meet every day, I know there is no way they can survive in Biden’s economy. The American people are fed up and demanding real leadership to save this country. That’s why I am fighting like hell to put America back on the path of fiscal sanity, balance the budget, and end Biden and the Democrats’ reckless spending and enormous debt nightmare that is killing opportunity for Florida families.”

Additionally, earlier this week, Senator Scott wrote an op-ed for the Washington Examiner highlighting the immediate need for fiscal reform and criticizing the Bidenomics Agenda that has forced America’s economy into disarray and made Americans’ everyday lives more difficult to afford – read more HERE. As the federal debt approaches $35 trillion, Senator Scott also penned an op-ed in The Hill slamming Senate Democrats for failing to take action to take to ensure that appropriations bills are considered and ready for debate and amendment on the Senate floor before the funding deadline on September 30^th – read 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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