Duval Times

Today, following the latest Consumer Price Index (CPI) release from the Bureau of Labor Statistics, Senator Rick Scott issued a statement emphasizing the need for fiscal reforms. He attributes the ongoing inflation crisis to what he describes as the Biden-Harris administration’s "reckless tax-and-spend agenda." The CPI data for November indicates a 2.7% rise in inflation over the year, marking an increase compared to the previous month. Since the current administration took office, inflation has reportedly risen by 20.6%.

Senator Scott stated, “The Biden-Harris administration will be remembered forever by families for its 20% inflation and economic failures that placed historic financial burdens on folks in every state. Whether it’s at the gas pump, grocery store, or paying rent, inflation continues to climb and so do prices as Biden takes advantage of Washington’s broken status quo with trillions in reckless spending."

Scott called for a national fiscal turnaround akin to what he claims was achieved in Florida. He expressed hope that with Trump back in office and Elon Musk and Vivek Ramaswamy leading the Department of Government Efficiency, efforts could begin to address issues like "big government" and "wasteful spending." He added that it is crucial to address America's $36 trillion debt crisis.

In terms of specific price increases reported by today's CPI release: beef rose by 5%, pork chops by 5.1%, eggs saw a significant rise of 37.5%, fruit increased by 3.3%, beans went up by 7.4%, and butter rose by 3.6%.

Senator Scott has consistently advocated for measures addressing America's debt crisis and inflation's impact since his election to the U.S. Senate.