Sen. Rick Scott Issues Weekly Update on Biden’s Inflation Crisis

February 16, 2024

WASHINGTON, D.C. – Today, following the latest announcement from the Bureau of Labor Statistics showing PPI increased in January, Senator Rick Scott released a weekly update on his actions to address America’s debt crisis and rising inflation. This week’s data showed inflation continued to rise over the year and since Joe Biden became president, CPI has risen 17.9% and PPI has risen 17.4%.


Earlier this week, following the latest CPI announcement by the BLS, Senator Scott released the following statement.


Senator Rick Scott said, “Fiscal responsibility is a top priority for me here in Washington, but unfortunately that is not the case for most in Congress and it’s certainly not the case for the Biden administration. Prices have continued to increase over the past three years and American families cannot catch a break. My office heard from a resident of Tampa; they are worried they will lose their home and have trouble feeding their family. The rising costs of their everyday goods, like food and gas, are hurting them and forcing them to make tough choices. This is the case for families all over Florida and the country, and it must stop. This administration is taking away folks’ chance at the American Dream, and I won’t stop fighting until Washington returns to fiscal sanity.”


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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