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Thursday, November 7, 2024

Senator Rick Scott addresses inflation concerns following new economic report

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Senator Rick Scott | Senator Rick Scott Website

Senator Rick Scott | Senator Rick Scott Website

WASHINGTON, D.C. — Following the recent announcement from the Bureau of Economic Analysis’ PCE Report indicating that April prices paid by consumers for goods and services increased by 2.7% over the year, Senator Rick Scott released a statement and a weekly update on his actions to address America's debt crisis and rising inflation.

Senator Rick Scott stated, “Every day that goes by, Florida families are feeling the compounding impacts of Biden’s economic crisis. Whether it’s at the grocery store, at the gas pump, paying rent or keeping their business afloat, Biden’s economy has forced Americans to have to cut back in every way to make ends meet. Washington must get back on the path of fiscal sanity or American families will continue to suffer from the Bidenomics agenda and its economic spiral. I am working every day to drive down reckless spending to allow all Americans the chance to live the American dream. As someone who grew up in public housing, I know what the opportunity of an American Dream can do, and I won’t stop until every child growing up in Florida has the same opportunity I did.”

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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