Senate Democrats Kill Proposal to Provide Americans with Inflation Transparency

Posted: Aug 04, 2021 10:30 PM
Senate Democrats Kill Proposal to Provide Americans with Inflation Transparency

Source: AP Photo/J. Scott Applewhite

Sen. Rick Scott (R-FL) has been hard at work educating his constituents about the risks of government spending and inflation, and encouraging his fellow senators to do the same. On Wednesday night, however, Democrats defeated his proposal for a rules change which requires bills passed by Senate committees to include inflationary impact statements for the sake of transparency.

In sharing concerns his constituents have with inflation, the senator also reminded his colleagues that "inflation is a tax, a tax that hurts our families on low and fixed incomes the most."

Scott likened raising the debt ceiling to raising the limit on your credit card each month, with no plan to pay it off. "It's irresponsible and it's no way to operate," the senator said. "You would never run your business or family the way Washington runs. It's wasteful and dysfunctional."

"Too many in Washington believe the lie that inflation is impossible, debt doesn't matter, and spending has no consequences," which is why, Scott said, his rule change is so necessary. 

Scott's request for unanimous consent was objected to by Senate Majority Whip Dick Durbin (D-IL) on account of how it would be "too much work" for the Senate. 

Inflation concerns will almost certainly come to affect Democrats in the 2022 midterms. On Monday, RealClearPolitics published Susan Crabtree's "Dems Brace for Inflation Attacks During August Recess."

As a July 28 press release from Scott's office shared that Rep. Jim Banks (R-IN) had introduced a companion bill in the House.

Rep. Banks is also the chair of the Republican Study Committee (RSC), which frequently raises awareness about inflation, including through their own proposed budget

Sen. Scott and the RSC have come out heavily against the $1.2 trillion infrastructure bill, which, although supposedly bipartisan, includes many liberal proposals.

Over the 4th of July weekend the White House was mocked for a tweet celebrating the claim that Americans saved 16 cents on popular cookout items this year, even though, as Spencer highlighted, it looked to be the most expensive Independence Day in years thanks to inflation.

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