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. January’s CPI data shows that there has been a significant rise in inflation during Biden’s presidency, with CPI increasing 6.4% in January 2023 and 14.4% since Biden was elected.
Senator Rick Scott said, “It's never been more clear that it’s time for real change in Washington that forces Congress to stop working for itself, and start working for the American people. We need structural spending reform now. We need accountability now. That's what our colleagues in the House are fighting for and conservatives in the Senate must stand with them and demand it happens with the debt ceiling."
According to today’s CPI release, price increases over the year include:
- Eggs: +70.1%
- Margarine: +44.7%
- Fuel Oil: +27.7%
- Gas Services: +26.7%
- Flour: +20.4%
- Poultry: +11.2%
- Milk: +11.0%
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.