April 12, 2022 Updated 11:49 A.M. ET
TALLAHASSEE (FCV) – Governor Ron DeSantis reacted Tuesday after inflation soared by 8.5% to a 40-year high. DeSantis blames the high inflation rates on bad energy policy and the federal government borrowing and printing money at “unfathomable levels.”
The Consumer Price Index (CPI) said gas, rent and food prices were the largest contributors to the skyrocketing inflation rate. In fact, the gasoline index accounted for over half of all the items’ monthly increase.
The White House Press Secretary said Monday they expect the March CPI headline inflation to be “extraordinarily elevated” because of the war in Ukraine.
“Because of Putin’s war of choice, less oil is getting to market, and the reduction in supply is raising prices at the pump for Americans,” the White House said at the end of March.
The White House has since released oil from the Strategic Petroleum Reserve to increase supply and said oil and gas companies are making a profit during this time without boosting supply.
On the other hand, Republicans have called Biden’s energy policies a war on American energy independence.
“Biden could unleash domestic energy production to provide relief,” DeSantis said in a statement on twitter. “Instead, he is content watching people suffer.”
Other Florida leaders reacted to the inflation rate that reached its sharpest increase in March since 1981.
Republicans have since coined the term “Bidenflation” to reflect their thoughts on the situation.
Florida U.S. Senator Marco Rubio said on Twitter that “things would have been even worse” if President Joe Biden had 51 Democrats in the Senate. Florida U.S. Senator Rick Scott called for an end to “reckless spending sprees” in the country.
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