WASHINGTON, D.C. – Today, following the latest Consumer Price Index (CPI) release from the Bureau of Labor Statistics (BLS), Senator Rick Scott released the below statement highlighting the need to implement substantive fiscal reforms to end the ongoing inflation crisis fueled by the Biden administration’s reckless tax-and-spend agenda. September’s CPI data shows that there has been significant inflation nearly every month of Biden’s presidency. While year-over-year consumer prices increased 8.2% in September, rent prices reached the largest increase since 1982.
Senator Rick Scott said, “While hundreds of thousands of Floridians are working hard to recover from Hurricane Ian, today’s CPI report is an infuriating reminder that Joe Biden’s raging inflation is still crushing families across the Sunshine State. Biden’s inflation causes pain for families every day, but in the aftermath of a devastating hurricane, high prices are a hurdle that families in our state shouldn’t have to deal with. If President Biden truly cares about helping Floridians, he’ll stop recklessly wasting tax dollars on a failed, woke agenda, refocus his administration on the core responsibilities of the federal government and demand a balanced budget to finally end his inflation nightmare.”
According to today’s CPI release, price increases over the year include:
- Rent: +7.2%
- Chicken: +17.2%
- Dairy: +15.9%
- Coffee: +15.7%
- Gasoline: +18.2%
- Butter and margarine: +32.2%
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.