Sen. Rick Scott on CPI Report: To Fight Biden’s Skyrocketing Inflation, Fiscal Conservatism Must be a Priority for the 118th Congress
January 12, 2023
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. December’s CPI data shows that there has been a significant rise in inflation during Biden’s presidency, with CPI increasing 6.5% in December 2022 and 13.5% since Biden was elected.
Senator Rick Scott said, “This CPI is a shameful reminder that Americans have endured rising inflation for two full years under Joe Biden. Two full years of hardworking and poor families, like mine growing up, having to make tough choices when it comes to gas, groceries, and paying the bills. Biden will pretend to care about the hardworking families across this country, but I know firsthand how difficult it can be, so let me make this clear: I stand with you and will never stop fighting against Biden and Democrats' reckless tax and spending spree that has caused families so much pain. It's time for Congress to buckle down and focus on paying down the debt, living within our means, and getting our fiscal house in order. That's what I'm working on and I won't stop until we get it done.”
According to today’s CPI release, price increases over the year include:
- Overall food at home: +11.8%
- Eggs: +59.9%
- Butter: +31.4%
- Flour: +23.4%
- Milk: +12.5%
- Fuel oil: +41.5%
- Rent: +7.5%
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.