White House hits back at Rick Scott ads, says he’s ‘exploiting inflation to rip off working families’

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EXCLUSIVE: The White House is hitting back at Sen. Rick Scott after his latest TV ads targeting President Biden, criticizing the Republican senator for “exploiting inflation to rip off working families with more welfare for the wealthy.”

Scott, R-Fla., released a television ad on Monday blaming Biden for “destroying America’s economy.”

RICK SCOTT SAYS BIDEN ‘AMERICA’S ECONOMY IS DESTROYING’ IN ANNOUNCEMENTS CALLING FOR PRESIDENT TO RESIGN

“It’s time to be honest with the American people. Joe Biden is unfit for office and should step down,” the ad reads.

The ad features a video of the president referring to Senator Scott as being from Wisconsin and warning that Biden is forcing America into a recession. In an earlier ad, Scott called Biden “incompetent and confused.”

The White House hit back Monday, defending the president’s response to inflation and slamming Scott’s plan.

President Biden speaks about inflation and supply chain issues at the Port of Los Angeles, Friday, June 10, 2022, in Los Angeles.
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President Biden speaks about inflation and supply chain issues at the Port of Los Angeles, Friday, June 10, 2022, in Los Angeles.
((AP Photo/Damian Dovarganes))

“These are interesting words to choose from about a president who inherited an economy in its worst state of crisis since the Great Depression and who has generated historic economic growth and job creation to make our strongest recovery in the world,” the White House press vice-president said. Secretary Andrew Bates told Fox News on Monday.

Tellingly, this comes from a senior Republican executive whose hardcore MAGA economic agenda would be an economic nightmare for the middle class – raising taxes on 75 million workers while ending Medicare and social security and demanding a super majority to ask the rich to pay their fair share,” Bates told Fox News. “The president is actually tackling the global inflation problem that is hitting the whole world after covid – and cutting costs for families like energy and prescription drugs is his top priority.”

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He added: “Meanwhile, Senator Scott is exploiting inflation to rip off working families with more welfare for the wealthy.”

Biden repeatedly criticized Scott for his “11-Point Plan to Save America,” which proposed raising income taxes on Americans.

WASHINGTON, DC – MAY 26: United States Senator Rick Scott (R-FL) speaks during an inflation news conference on Capitol Hill on May 26, 2021 in Washington, DC.  The group of Republican senators discussed rising consumer prices and the potential effects of inflation on families and businesses recovering from the pandemic.

WASHINGTON, DC – MAY 26: United States Senator Rick Scott (R-FL) speaks during an inflation news conference on Capitol Hill on May 26, 2021 in Washington, DC. The group of Republican senators discussed rising consumer prices and the potential effects of inflation on families and businesses recovering from the pandemic.
(Photo by Drew Angerer/Getty Images)

“All Americans would have to pay income tax to get in on the game, even if it’s a small amount,” Scott wrote in the plan. “Currently, more than half of Americans pay no income tax.

But Senate Minority Leader Mitch McConnell, R-Ky., rejected Scott’s proposal, saying Republicans “will not have on our agenda a bill that raises taxes by half the American people and eliminate Social Security and Medicare within five years.”

And a senior Republican source told Fox News that “income tax hikes are never part of the discussion when Republicans are in charge in Washington.”

Scott’s ads are part of a seven-figure TV buyout to promote Scott’s “Rescue America” ​​plan if Republicans regain a Senate majority in November. It covers areas ranging from education to immigration to economics.

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Since its release in the spring, Scott’s plan has been heavily criticized by Democrats and rejected by some Republicans.

Although Scott chairs the Republican National Senate Committee, which is leading the GOP’s efforts to regain the majority in the Senate, the announcement is being funded by his own Senate reelection committee, Rick Scott for Florida.

Meanwhile, regarding inflation, the Labor Department said Friday that the consumer price index, a broad measure of the price of everyday goods, including gasoline, groceries and rent, had increased by 8.6% in May compared to a year ago. Prices jumped 1% in the month-long period from April. Those figures were both higher than the headline figure of 8.3% and the monthly gain of 0.7% predicted by economists at Refinitiv.

It marks the fastest rate of inflation since December 1981.

The Labor Department said Friday that price increases were widespread: Energy prices rose 3.9% in May from the previous month and 34.6% from a year ago. Gasoline costs on average 48.7% more than a year ago and 7.8% more than in April. In total, fuel prices jumped 16.9% in May on a monthly basis, pushing the year-on-year rise to 106.7%.

In another worrying sign, housing costs – which represent about a third of the CPI – accelerated in May, climbing 0.6%. This is the fastest monthly increase since 2004. On an annual basis, housing costs rose 5.5%, the fastest since February 1991.

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Food prices also rose 10.1% on the year and 1.2% on the month, with the biggest increases for dairy and related products (+2.9%, the biggest monthly increase since July 2007), soft drinks (+1.7%), cereals and bakery products (1.5%) and meat, poultry, fish and eggs (1.1%).

Searing inflation has created severe financial pressures for most American households, which are forced to pay more for daily necessities like food, gas and rent. The burden is borne disproportionately by low-income Americans, whose already-stretched paychecks are hit hard by price swings.

President Biden, however, has said tackling inflation is his “top economic priority.”

Fox News’ Megan Henney and Kate Ahlborn contributed to this report.

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