By Duval Times |
May 15, 2024
Following the latest Consumer Price Index (CPI) release from the Bureau of Labor Statistics (BLS), Senator Rick Scott has emphasized the need for substantial fiscal reforms to counteract the ongoing inflation crisis. This crisis, according to Scott, is being exacerbated by the Biden administration's aggressive tax-and-spend approach. The CPI data for April indicates a significant surge in inflation during Biden's presidency, with an increase of 3.4% over the year in April 2024. Since Biden assumed office, inflation has risen by 19.9%, marking the 37th consecutive month that...