WASHINGTON, D.C. – Senator Rick Scott has released an update on his actions to address America’s debt crisis and rising inflation and shared a copy of his Fall 2024 Economic Snapshot. Every day, Senator Scott is hearing from constituents about how much of a struggle it is for them to make ends meet due to the historic inflation caused by Biden-Harris Price Hikes. Last year, Senator Scott began distributing a report to his colleagues in the Senate, shedding light on America’s current concerning economic conditions. This report highlights the fiscal cliff the country is quickly approaching in the hopes of beginning a productive dialogue in Congress on how members can work together to fix the economic mess our country finds itself in today. Senator Scott releases this report on a quarterly basis. Since President Joe Biden and Vice President Kamala Harris took office, CPI inflation is up 20.5%, while PPI inflation has risen 20.0%.
Senator Rick Scott said, “We can all feel the impact of the ongoing inflation crisis caused by the failed policies of the Biden-Harris administration, and the goal of this report is to bring in-depth attention to the fiscal cliff our nation is quickly approaching. Since Vice President Harris and President Biden took office, inflation has skyrocketed more than 20% and Biden-Harris Price Hikes are crushing hardworking American families. In Washington, it is my job to ensure we are fighting every day to leave this country in a place where future generations can achieve the American Dream. It is personal for me. I grew up in public housing and watched my mom struggle to make ends meet. It breaks my heart that families are having to make the tough decisions and go without. It is time for a sea change in Washington so that we can get families back on their feet, this country back on the path to fiscal sanity and make Washington work for everyone.”
Read Senator Rick Scott’s Fall 2024 Economic Snapshot HERE or below.
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. Click HERE for a comprehensive list of his statements and actions on this urgent issue and HERE for Senator Scott’s Quarterly Economic Snapshot.
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