MIAMI, Fla. – Today, Senator Rick Scott held a roundtable discussion with small business owners in Miami to discuss the impact of rising inflation caused by President Joe Biden and Democrats’ reckless spending. Last week, Senator Scott introduced the Federal Debt Emergency Control Act to rein in Washington’s out-of-control spending and provide a concrete path forward to tackle the nation’s nearly $30 trillion debt.

Senator Rick Scott said, “America is in a debt crisis because of reckless government spending. Now, thanks to the insane spending and failed policies of President Joe Biden and Democrats in Washington, we are seeing higher and higher inflation. When inflation goes up, it hurts everyone – especially our small businesses and poorest families, like mine growing up.

Today, I met with small business owners in Miami who are experiencing Biden’s inflation crisis firsthand. We know that 83% of Americans are already tightening their budget due to inflation pressures. That means countless Floridians, like those I spoke with today, are having a harder time making ends meet. We can’t let Washington continue to spend with reckless abandon and hurt Florida families and businesses with rising prices. I’ll never stop fighting against Washington’s binge spending and for common sense reforms that reduce the debt, stop inflation and protect all Floridians.”

Senator Scott also released a weekly update on his actions to address America’s debt crisis and rising inflation. As the reckless spending of the Biden administration and congressional Democrats leads to inflation and rising prices of every day goods, Senator Scott is urging the president to end his wasteful spending and address rising inflation on American families.

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:

 

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