Duval Times

Today, Senator Rick Scott addressed the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The data shows a significant rise in inflation during the Biden-Harris administration, with PPI increasing 3.0% over the past year and 20.8% since President Biden and Vice President Harris took office.

Senator Scott criticized what he termed "Bidenomics," stating, “Bidenomics has been a complete failure for the American people these past four years. Record inflation has forced families to cut back spending, seniors to come out of retirement and small businesses to shut down."

He further expressed concern about price increases affecting essential goods, citing specific rises such as fruit (+11%), vegetables (+34.3%), eggs (+80.2%), beef (+6.7%), pork (+13.7%), and coffee (+12.9%).

Scott conveyed optimism for change under a different administration: "Under Biden, the hopes for a brighter future dwindled, but with President Trump back in office, and Elon Musk and Vivek Ramaswamy heading the Department of Government Efficiency (DOGE), there is renewed hope for a government that works for the American people instead of sticking them with the cost of reckless spending and massive bureaucracy."

As a founding member of the Senate DOGE Caucus, Scott emphasized his commitment to reducing prices and ending what he described as reckless spending from Washington: “The American people are more ready than ever for President Trump to get to work, bring prices down and end the inflation nightmare the Biden-Harris administration has caused.”

Senator Scott continues to advocate for fiscal reforms aimed at addressing America's debt crisis and mitigating inflation's adverse effects.