[Congressional Record Volume 167, Number 73 (Wednesday, April 28, 2021)]
[Senate]
[Page S2298]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 SENATE RESOLUTION 185--REQUESTING THAT THE PRESIDENT TRANSMIT TO THE 
 SENATE NOT LATER THAN 14 DAYS AFTER THE DATE OF THE ADOPTION OF THIS 
RESOLUTION DOCUMENTS IN THE POSSESSION OF THE PRESIDENT RELATING TO THE 
ADMINISTRATION'S DISCUSSIONS AND PLANS TO ASSESS, MITIGATE, AND PREVENT 
                           GROWING INFLATION

  Mr. SCOTT of Florida (for himself, Mr. Braun, and Mr. Lee) submitted 
the following resolution; which was referred to the Committee on 
Homeland Security and Governmental Affairs:

                              S. Res. 185

       Whereas the Federal debt and rising inflation is a real 
     crisis that hurts real Americans;
       Whereas the national debt of the United States is 
     $27,900,000,000,000;
       Whereas this represents $223,441 in debt per taxpayer;
       Whereas in March President Biden and Democrats in Congress 
     pushed through a wasteful $1,900,000,000,000 ``COVID'' 
     spending bill that will further increase the Federal debt to 
     $30,000,000,000,000;
       Whereas the Biden Administration and Democrats in Congress 
     continue to push massive spending proposals that would 
     contribute to inflation, which increases the cost of everyday 
     goods and disproportionately affects low-income and fixed-
     income families;
       Whereas the cost of everyday purchases, like diapers and 
     groceries, are increasing while home prices and rents 
     continue to rise;
       Whereas food and gasoline prices have risen significantly 
     over the past year, up 3.5 percent and 23 percent, 
     respectively, in March 2021, according to the Consumer Price 
     Index;
       Whereas the latest figures from the Bureau of Labor 
     Statistics show the Consumer Price Index and Producer Price 
     Index increasing 2.6 percent and 4.5 percent, respectively, 
     over the year, the fastest increases in nearly a decade;
       Whereas several notable economists have expressed concern 
     about the impact of the Biden Administration's massive 
     Federal spending, with warnings that a stimulus-fueled surge 
     in consumer spending could revive a 1970s-style escalation in 
     wages and prices that could cripple the economy in the years 
     to come;
       Whereas the New York Times reported on April 13, 2021, that 
     officials and aides at the White House and the Department of 
     the Treasury have for months held private meetings to discuss 
     inflation and conducted in-depth internal analyses for senior 
     officials and President Biden;
       Whereas the content and conclusions of these secret 
     meetings and working groups have not been disclosed and made 
     available to the public;
       Whereas the New York Times also reports that ``Mr. Biden's 
     aides are sufficiently worried about the risk of spending 
     fueling inflation that they shaped his infrastructure 
     proposal, which has yet to be taken up by Congress, to funnel 
     out $2.3 trillion over eight years, which is slower than 
     traditional stimulus.'';
       Whereas the Biden Administration continues to refuse to 
     address or acknowledge the effects of rising inflation on 
     American families, despite indications that inflation could 
     significantly increase this year; and
       Whereas the partisan actions of the Biden Administration 
     have real life consequences for Americans: Now, therefore, be 
     it
       Resolved, That the President is requested to transmit to 
     the Senate not later than 14 days after the date of the 
     adoption of this resolution documents in the possession of 
     the President relating to the Administration's discussions 
     and plans to mitigate and prevent growing inflation, 
     including a detailed timeline of events and participants as 
     well as any correspondence, reports, presentations, notes, or 
     memorandum produced in preparation for, during, or as a 
     result of these activities.

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