Jeff Flake - U.S. Senator ~ Arizona

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Sen. Flake: So Just How Broke Are We?

A series to illustrate the size and scope of the growing national debt

PHOENIX – U.S. Sen. Jeff Flake (R-Ariz.) today illustrated the size and scope of the growing national debt. So just how broke are we?

According to the National Hot Dog and Sausage Council, Labor Day will mark the end of “peak hot dog season” – a four month stretch during which Americans will spend $614 million consuming 7 billion hot dogs.

The United States is so broke that its $19.8 trillion national debt could feed America’s hot dog habit for the next 32,247 summers.

“I don’t relish making this point, but frankly, if Congress cannot mustard up the courage to start paying down the national debt, it’ll be impossible for the next generation to ketchup,” said Flake.  

Flake’s Debt Buy-Down Act would empower every taxpayer to mandate up to 10 percent of the hard-earned dollars they send to Washington be spent exclusively on paying down the national debt. Had the Debt Buy-Down Act been law in 2016, taxpayers could have directed as much as $137 billion toward reducing the national debt. Flake first introduced the Debt Buy-Down Act in 2010, when the national debt was $13 trillion. For more information on the bill click here.  

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