Duval Times

Senator Rick Scott recently released a weekly update detailing his efforts to address the mounting debt crisis and escalating inflation in America. This comes in the wake of reports from the Bureau of Labor Statistics indicating that key federal inflation indicators, namely the Consumer Price Index (CPI) and Producer Price Index (PPI), have seen an upward trend. This surge has further burdened American families and small businesses financially.

Since President Joe Biden assumed office, CPI inflation has escalated by 19.9%, while PPI inflation has increased by 19.4%. In response to the recent PPI announcement, Senator Scott issued a statement.

Senator Rick Scott stated, “Today’s PPI inflation report is further proof that President Joe Biden doesn’t care about hardworking Americans. Look at where our country is today: PPI inflation is up 19.4% since Biden took office, more Americans are working multiple jobs to make ends meet, businesses are closing and the American Dream is being traded in for more reckless spending in Washington. That’s the future Biden wants for America. With Biden at the helm, Democrats have made it clear that they want more government, more spending, more debt, higher taxes and they don’t care one bit if that means less freedom and opportunity for you. I grew up in public housing, and my mom raised me to believe that I was the luckiest kid in the world because I got to grow up here where anything is possible if you work hard enough. We have to protect that dream for our kids. I won’t stop fighting against Democrats’ tax-and-spend agenda and to protect our American Dream before it is destroyed.”

Since his election to the U.S. Senate, Senator Scott has consistently called for action to tackle America's debt crisis and mitigate the detrimental effects of inflation.