DeSantis Explains How He Would Bring Down Inflation

(Photo by Joe Raedle/Getty Images)

During an interview with Norah O’Donnell on “CBS Evening News,” Republican presidential candidate and  Florida Governor Ron DeSantis slammed both political parties over U.S. government spending, saying that both parties are responsible for the inflation crisis that began under President Biden. 

DeSantis made his comments when asked how he would bring inflation down.

“Stop spending so much money,” he said. “We need a president that’s going to be a force for spending restraint, because that’s one of the root causes with Congress spending so much. Two, open up domestic energy production. Energy costs are a huge part of inflation.”

O’Donnell tried to blame the extreme spending on Republicans even though inflation only began to rise after Biden became president. 

“On that issue of spending, the issue is that, in fact, Republicans and under Donald Trump, he added $8 trillion to the debt,” she said. “And as Nikki Haley pointed out during the debate, Republicans have earmarked more in spending bills than Democrats do. Do Republicans have a spending problem?”

“Yes, of course,” DeSantis said. “This is Republicans and Democrats in D.C. that have done this. This is not just one political party. Republicans talk big when they’re out of power. But when they get in, they don’t put their money where their mouth is. And you know, you’re right. Donald Trump added almost $8 trillion to the debt in four years. He ran saying he was going to eliminate the national debt, maybe over an eight year period, but he did make that promise, and then he did the opposite.”

The interview comes after prices soared last month as the inflation crisis that began under Biden worsened, according to a new report from the Bureau of Labor Statistics. 

Prices “rose 0.6 percent in August on a seasonally adjusted basis, after increasing 0.2 percent in July,” the report said. “Over the last 12 months, the all items index increased 3.7 percent before seasonal adjustment.” This is a massive increase from the 3.2 percent annual rate from last month. 

Previous Story

NYC Mayor Eric Adams: We’re About To Have To Move People Into Tents, Illegal Immigrant Crisis Is ‘Unacceptable’

Next Story

Real Wages Of American Workers Fell Sharply In August

© 2023 All Rights Reserved. Designed by M3 Media Management