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Monday, December 23, 2024

Sen. Rick Scott on CPI Report: Bidenflation is Forcing Floridians To Go Without

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Senator Rick Scott | Senator Rick Scott Official Photo

Senator Rick Scott | Senator Rick Scott Official Photo

Today, Senator Rick Scott responded to the latest Consumer Price Index (CPI) release from the Bureau of Labor Statistics (BLS), expressing concerns about the ongoing inflation crisis under the Biden administration's tax-and-spend agenda. The January CPI data reveals a significant increase in inflation during Biden's presidency, with CPI rising 3.1% over the year in January 2024. Since Biden took office, inflation has increased by 17.9%, marking the 34th consecutive month with inflation above 3%.

Senator Rick Scott emphasized the need for fiscal reforms to address the rising inflation and its impact on American families. He stated, "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." Scott highlighted the struggles faced by American families, sharing a story from a resident of Tampa who fears losing their home and having trouble feeding their family. The rising costs of everyday goods like food and gas are forcing families to make tough choices. Scott called for an end to these challenges, stating, "This administration is taking away folks' chance at the American Dream, and I won't stop fighting until Washington returns to fiscal sanity."

The CPI release also provided data on specific price increases over the year. Baby formula saw an increase of 8.7%, beef prices rose by 7.7%, and rent increased by 6.1%. Other notable increases include pet food at 4.8%, fruits and vegetables at 3.8%, whole chicken at 3.7%, and peanut butter at 3.6%.

Senator Scott has been a vocal advocate for addressing America's debt crisis and the harmful effects of inflation since being elected to the U.S. Senate. He has consistently called for action to tackle these issues. For a comprehensive list of his statements and actions on this urgent matter, visit the provided link.

As the inflation crisis continues to affect American households, Senator Rick Scott remains committed to fighting for fiscal responsibility and working towards a solution to ease the burden on families.

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