Political Quotes

Tim Scott: “Therefore, printing and spending $4 trillion after COVID was over has led to the inflation that we are seeing, and that…”

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

Oct 8, 2026

Thank the good Lord there are no more hostages in Hamas captivity, but this battle of good versus evil is far from over.

scott.senate.gov
Oct 8, 2026

Keeping production at current levels would leave our country dependent on foreign energy sources, but by expanding nuclear energy here at home, America can power our future and pave our own way forward.

scott.senate.gov
Oct 8, 2026

The Opportunities for Nuclear Energy Investment Act would create jobs, strengthen American manufacturing, and unleash American energy by encouraging private investment in new nuclear facilities.

scott.senate.gov
Oct 7, 2026

One spouse should not bear the responsibility for another spouse’s hidden income or mistakes, and the Tax Relief for Innocent Spouses Act gives the Tax Court greater authority to review the full scope of evidence in appeal cases.

hassan.senate.gov

Other voices in this conversation