Political Quotes

On the recordJune 21, 2023
Therefore, printing and spending $4 trillion after COVID was over has led to the inflation that we are seeing, and that, as a result, led to the ten rate increases.
Said by
Tim Scott
Republican · South Carolina

Editor's note · Context

Tim Scott attributes inflation to post-COVID spending and its consequences on interest rates.

Share

More from Tim Scott

Aug 9, 2026

Today, the Senate passed a short-term spending bill that puts American workers and families first.

scott.senate.gov
Jul 24, 2026

The Opportunity Leadership Summit brought today’s leaders together with the next generation, creating opportunities to learn, grow, and inspire.

scott.senate.gov
Aug 12, 2026

Our higher education system is broken. Americans are paying rising costs for college, while the value of their degrees continues to plummet.

dailycaller.com
Jul 16, 2026

The president's enthusiasm around Russell Fry probably is no surprise to anybody, but I have not seen and heard of an endorsement yet coming out of the White House.

cbsnews.com

Other voices in this conversation