Jeff Flake | Congressman Arizona’s Sixth District

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Contact: Genevieve Rozansky 202-225-2635
Congressman Flake: So Just How Broke Are We?



Mesa, Arizona , Sep 17 - Republican Congressman Jeff Flake, who represents Arizona’s Sixth District, today illustrated the size and scope of the growing national debt. 

          Apple, Inc. reported that orders for the newly debuted iPhone 5 exceeded 2 million in the initial 24 hours that the phone was available for purchase.  
 
          The U.S. is so broke that based on the $199 price for the 16 gigabyte iPhone 5 model, Apple would have to sell about 80.4 billion iPhones in order to pay down our crippling debt of $16 trillion.

          “It doesn’t take a Genius Bar to realize Congress needs to get Siri-ous about the debt,” said Flake.

          Along with Senators McCain and Rubio, Congressman Flake introduced in the 112th Congress the Debt Buy-Down Act, which allows taxpayers to designate up to 10 percent of their federal income tax liability to reduce the national debt.  The bill then requires Congress to reduce federal spending by that amount.  More information on the Debt Buy-Down Act can be found here.

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