Political Quotes

On the recordMay 18, 2022
Mr. President, I was hoping we could arrive at a deal today, so let me try it one more time. Eight percent inflation, I think, is really high. Remember that the Federal Reserve's target is 2 percent. I am just here to see if we can work something out and get something with which we can control excess spending. So I am going to try one more time. I want to give Democrats a chance in Congress to step up and fight for families all across America who are being devastated by raging inflation. There is no reason not to get this done. My colleague objected to setting this point of order at 8 percent, but certainly no one can object to saying that, at 12 percent inflation, things need to change. Inflation over 12 percent would be an even bigger emergency. We haven't seen the CPI that high since Jimmy Carter. Think about it this way: Things are really bad now, and 12 percent inflation would be a 50-percent increase over the already sky-high prices we are seeing today. Remember, we started at 3 percent. Now I am offering my colleague a point of order that can only be triggered at 12 percent. As in legislative session, I ask unanimous consent that the Senate proceed to the immediate consideration of S. 4251, which is at the desk. I further ask that the bill be considered read a third time and passed and that the motion to reconsider be considered made and laid upon the table. The PRESIDING OFFICER. Is there objection? The Senator from Vermont.
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Rick Scott
Republican · Florida

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