Senator Rick Scott | Senator Rick Scott Website
Senator Rick Scott | Senator Rick Scott Website
Today, Senator Rick Scott responded to the latest Consumer Price Index (CPI) release from the Bureau of Labor Statistics (BLS), highlighting the need for fiscal reforms to address the ongoing inflation crisis caused by the Biden administration's tax-and-spend agenda. The December CPI data revealed a significant increase in inflation during Biden's presidency, with CPI rising 3.4% over the year in December 2023. Since taking office, inflation has increased by 17.4%, with inflation remaining above 3% for 33 consecutive months.
In response to these figures, Senator Rick Scott expressed his concern, stating, "The U.S. national debt has officially reached a record high of more than $34 TRILLION. Debt matters because it fuels inflation and makes it harder for the federal government to fulfill its promises to families across the country." He further emphasized the impact of inflation on hardworking Americans, stating, "Floridians know that the debt and inflation crises we find ourselves in today were 100% preventable—and they can feel it costing them thousands of dollars per year."
Senator Scott criticized the Biden administration's tax-and-spend agenda, holding them responsible for the current situation. He described the administration's approach as "reckless" and stated that it has forced hardworking families to bear the burden. According to Senator Scott, the administration has neglected important priorities and their failure to address these issues is "borderline criminal."
As Congress considers its funding priorities, Senator Scott urged fiscal responsibility and accountability. He emphasized the need for Washington to work in the best interest of the American people and not pursue policies that are detrimental to families in Florida and across the country. Senator Scott's focus on addressing America's debt crisis and the harmful effects of inflation has been evident since his election to the U.S. Senate.
The CPI release also provided information on specific price increases over the year. Some notable increases include beef (+8.7%), baby formula (+7.3%), housing and rent (+6.2%), pet food (+5.1%), and fresh fruits (+3.6%). These figures further illustrate the impact of inflation on everyday essentials.
Senator Rick Scott's dedication to addressing the debt crisis and inflation remains unwavering. For a comprehensive list of his statements and actions on this urgent matter, visit the provided link.
Click this link to access more information: https://www.rickscott.senate.gov/2024/1/sen-rick-scott-on-cpi-report-bidenflation-is-borderline-criminal