Press Releases

Sen. Rick Scott Issues Weekly Update on Biden’s Inflation Crisis

July 16, 2021

WASHINGTON, D.C. – Today, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. As the wasteful, reckless spending of the Biden administration and congressional Democrats leads to growing inflation and rising prices of every day goods, Senator Scott is urging the president to end his failed economic policies and address rising inflation on American families. 

This week, following the latest Producer Price Index (PPI) release from the Bureau of Labor Statistics (BLS), Senator Rick Scott released the below statement calling out the disastrous impacts of President Joe Biden’s reckless spending which has created an inflation crisis in America. Similar to June’s Consumer Price Index (CPI) data, June’s PPI data shows that there has been a notable increase in inflation every month of Biden’s presidency.

Senator Rick Scott said, “As Joe Biden’s inflation crisis rages, he just can’t stop fueling it with more reckless government spending. On the same day that the June CPI report showed that inflation has grown every month under Biden’s presidency, Democrats are out with a new plan for a $4.1 TRILLION dollar spending spree.

“Americans are experiencing 1970’s-style inflation again and it’s because of Joe Biden’s failed economic policies. It’s disgusting that in the face of Biden’s inflation crisis that has devastating impacts on America’s low and fixed-income families, like mine growing up, Joe Biden and the Democrats can’t face reality and be fiscally responsible to protect American families.

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:

See more from this week on Twitter:

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