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Thursday, November 7, 2024

Sen. Rick Scott Speaks Out Against Rising Inflation Fueled by Bidenomics

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Senator Rick Scott | Senator Rick Scott Official Photo

Senator Rick Scott | Senator Rick Scott Official Photo

Senator Rick Scott expressed his concerns about the ongoing inflation crisis in a statement released following the latest Producer Price Index (PPI) data release. He emphasized the need for substantive fiscal reforms to address the significant rise in inflation during the Biden administration, stating, “The federal government needs a major course correction, not more of the failed Bidenomics agenda that’s been fueling inflation for three years.”

Highlighting the impact of President Biden's proposed budget, Senator Scott criticized the $7.3 trillion budget, noting that it adds $6.4 trillion to the debt over the next four years. He warned that such a budget would only exacerbate inflation and cause further suffering for Florida families, stating, “It’s time to show Biden that his budget is dead on arrival in Congress and demand a return to fiscal sanity in Washington.”

The latest PPI release revealed significant price increases in various commodities over the year in February, including eggs (+33.4%), beef (+14.6%), chicken (+8.8%), pork (+8.3%), and coffee (+6.1%). Senator Scott has been actively advocating for addressing America’s debt crisis and combating the harmful effects of inflation since being elected to the U.S. Senate.

In conclusion, Senator Rick Scott continues to fight against the inflation nightmare and calls for responsible fiscal policies to alleviate the burden on Florida families.

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