Tim Scott said "President Biden's reckless spending caused this 40-year high in inflation, and the country, as well as the bank, experienced tremendous loss." @ PoliticalQuotes.com

On the recordMarch 28, 2023

President Biden's reckless spending caused this 40-year high in inflation, and the country, as well as the bank, experienced tremendous loss.

Said by

Republican · South Carolina

Source

Scott blames Biden's spending for inflation and financial losses.

More from Tim Scott

Aug 21, 2026

There is still more work to do. We need rules that keep our financial system strong while making sure banks can lend, and our economy can grow.

Jul 22, 2026

I think he'd be an amazing senator for the state of South Carolina.

Aug 12, 2026

Michele Tafoya knows how to win and has the fight to flip Minnesota this November.

Jul 22, 2026

I have not seen and heard of an endorsement yet coming out of the White House.

Other voices in this conversation