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 and Vice President Kamala Harris took office, CPI inflation is up 20.3%, while PPI inflation has risen 20.0%. Earlier this week, following the CPI announcement, Senator Scott released the following statement.

Senator Rick Scott said, “Inflation has skyrocketed 20.3% since Joe Biden and Kamala Harris took office which means seniors on fixed incomes are having to come out of retirement to make ends meet, parents are forced to take on multiple jobs to put food on the table, and young Americans’ dreams of owning a home are disappearing. I grew up in public housing and watched my mom struggle to provide for us by working multiple jobs and taking on odd jobs when she could. It makes me furious to hear from Floridians today that are being forced to do the same thing because of the Biden-Harris administration’s socialist policies that are fueling inflation while destroying jobs and the American economy. It took less than three years for the Biden-Harris administration to ruin our economy, and things will only get worse if Democrats get another four years to turn America into a socialist dystopia.”

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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