Duval Times

Today, Senator Rick Scott provided an update on his efforts to tackle the nation's debt crisis and inflation. According to reports from the Bureau of Labor Statistics, both the Consumer Price Index (CPI) and Producer Price Index (PPI) rose in October, increasing financial pressure on American families and small businesses. Since President Joe Biden and Vice President Kamala Harris assumed office, CPI inflation has increased by 20.7%, while PPI inflation has risen by 20.5%.

Senator Scott commented earlier this week following the release of the CPI report: "Since the Biden-Harris administration took office, inflation has skyrocketed more than 20% and its failed economic agenda has wreaked havoc on the American Dream. The American people clearly want change in Washington to turn our economy around and end the inflation nightmare this administration has created. When President Trump takes office in January, I am confident we will finally change course and end the Biden-Harris inflation catastrophe that has plagued families and their wallets for the past four years."

Throughout his tenure in the U.S. Senate, Senator Scott has consistently called for measures to address the country's debt issues and mitigate inflation's impact.