ICYMI: Scott Talks Inflation, Blasts Dems’ Spending on America’s Newsroom
WASHINGTON – Today, U.S. Senator Tim Scott (R-S.C.) joined Bill Hemmer and Dana Perino on Fox News’s “America’s Newsroom.” Sen. Scott slammed the Democrats’ reckless spending, which has driven inflation to a record high, and he discussed how to combat America’s rising prices.
On record-level inflation … “There’s no doubt that, when you think about inflation—this bone-crushing, life-changing, hope-stealing, job-killing inflation—there’s no doubt in my mind that I’m thankful that it’s no longer considered transitory. Finally, Chairman Powell is speaking the truth, which is [that] this is unprecedented. The last time inflation was this high, I had an afro. That is a long time ago. That’s early 1980s.
“The truth is that we have to find a way to forge forward by reducing spending from the federal government and allowing raises to increase in the private sector. That means that we have to pull back on this ‘Build Back Broker’ plan that the Democrats are still trying to weave together.”
On inflation’s effect on service members … “[In South Carolina] we actually make marines at Parris Island; we train the army folks at Fort Jackson. So if you think about [a service member] who may even be eligible for public assistance because they get paid so little—[working] paycheck-to-paycheck—they drive up to the gas station and now gas is up almost 75 percent. … Can you imagine someone who’s serving our nation … and they simply cannot put gas in their cars while they defend our nation?
On the path forward … “Median income in this country is around $35,000 a year. When you think about what this inflationary impact is on folks living paycheck-to-paycheck, it means that you have to choose between sometimes your health care, sometimes your energy, and sometimes the utilities in your house. … We can change that by [stopping reckless spending] in Washington and [allowing] the American people to catch up. That means putting more focus on an incentive-based economy where we let the private sector do what they do really well and getting the government out of the way.”
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