CPI

Rick Scott Says Joe Biden ‘Has Failed at Practically Every Aspect of His Job’ as Inflation Hits New High

Sen. Rick Scott (R-FL), chair of the National Republican Senatorial Committee (NRSC), renewed his call for “substantive fiscal reforms” and concluded that President Biden has “failed at practically every aspect of his job” in light of the Department of Labor’s latest Consumer Price Index (CPI) report, showing staggering increases across the board.

(INSET: President Joe Biden) WASHINGTON, DC - AUGUST 10: U.S. Sen. Rick Scott (R-FL) walks through the basement of the U.S. Capitol Building on August 10, 2021 in Washington, DC. The Senate voted 69-30 to pass the $1 trillion infrastructure bill today before moving on to budgetary resolutions. (Photo by …

Consumer Prices Crept Up in February

The Consumer Price Index rose 0.4 percent compared with January, in line with expectations. Compared with a year ago, prices were up 1.7 percent, also in line with the forecast by economists.

Woman pumping gas