Sen. Rick Scott on PPI Report: Biden's Inflation is Crushing Florida Families with High Prices
February 16, 2023
WASHINGTON, D.C. – Today, Senator Rick Scott released the below statement following the latest Producer Price Index (PPI) release from the Bureau of Labor Statistics (BLS), which showed inflation continued to rise in January increasing 6.0% over the year. Since Joe Biden became president, PPI has risen 16.7% over the past two years.
Senator Rick Scott said, “Joe Biden's failure to get the inflation crisis he created under control is absolutely crushing America's hardworking families with high prices. It is the failed career politicians, like Biden and Chuck Schumer that have allowed this to happen and now insist that nothing changes and that we just keep spending. For poor families, like mine growing up, Biden’s message that no spending reforms will be discussed is a clear sign that Washington doesn’t care whether they ever get a shot at success or even survive. So, when you are at the grocery store this week and not buying as much meat or eggs as you did a few weeks ago, you can thank the politicians who want to change nothing and just raise the debt ceiling.”
According to today’s PPI release, price increases over the year in January included:
- Eggs: +209.3%
- Pasta: +30.5%
- Turkey: +36.8%
- Home Heating Oil: +26.5%
- Diesel Fuel: +22.8%
- Coffee: +20.7%
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.