Sen. Rick Scott: Biden’s Inflation Crisis is Here – He Must Address the Impacts of Reckless Liberal Spending

May 14, 2021

WASHINGTON, D.C. – Today, Senator Rick Scott released the below statement urging the Biden Administration to finally take responsibility for the effects of his reckless spending and release a plan to curb the threat of rising inflation on American families. While the Biden Administration continues to mislead the American public about rising prices across the nation, Senator Scott will be releasing a weekly update on his actions to address America’s debt crisis and rising inflation.

 

Senator Rick Scott said, “I’ve been warning for two years now that reckless spending has consequences. Here’s the reality: our nation is nearing $30 trillion in debt, and while President Biden and Democrats are lost in their whirlwind of multi-trillion dollar proposals, 87% of Americans are concerned about the rising costs of household items, like diapers, gas and groceries. April Consumer Price Index (CPI) and Producer Price Index (PPI) were up 4.2% and 6.2%, respectively, the largest 12-month advances since 2008. April PPI data showed that over the year, meat product prices have grown 16% and bread and grain prices have jumped 68%. It’s time for Biden and Democrats to open their eyes, stand up for working class families and realize their reckless spending is ruining our economy and devastating America’s low and fixed-income families, like mine growing up.

 

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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