Sen. Rick Scott Releases Economic Snapshot, Shares Weekly Update on Biden’s Inflation Crisis

January 26, 2024

WASHINGTON, D.C.—Today, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. Since President Biden took office, his so-called “Bidenomics” agenda has hurt Americans and their wallets, bringing inflation up to over 17% and bankrupting families across the country. This morning, the Bureau of Economic Analysis’ December Personal Consumer Expenditures (PCE) report showed prices paid by consumers for goods and services increased 2.6% over the year and has been rising for the past 33 consecutive months.


Every day, Senator Scott is hearing from constituents about how much of a struggle it is for them to make ends meet. One year ago this month, Senator Scott began distributing a report to his colleagues in the Senate shedding light on America’s current concerning economic conditions. This report highlights the fiscal cliff the country is quickly approaching in the hopes of beginning a productive dialogue in Congress on how members can work together to fix the economic mess our country finds itself in today. Read Senator Rick Scott’s Winter 2024 Economic Snapshot ‘Breaking Down Bidenomics’ HERE or below:

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 and HERE for Senator Scott’s Quarterly Economic Snapshot.


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