Rep. Jeff Flake (R-Ariz.), who is running for retiring Sen. Jon Kyl’s (R-Ariz.) seat this year, took the occasion of the Super Bowl to remind voters yesterday that the U.S. is really, really broke.
Just how broke? Flake issued a statement noting that, at the AP-reported figure of about $3.5 million for a 30-second TV spot during the Big Game, more than 4.3 million Super Bowl commercials could be purchased with the $15.3 trillion debt carried by the U.S.
I’d add that the debt commercials would be significantly less entertaining, but it couldn’t be any worse than what we watched Sunday.
“Like Tom Brady in the final seconds of the big game, taxpayers need a real Hail Mary of a plan to solve our debt crisis.”
And let’s hope that debt plan is a more successful Hail Mary than Tom Brady’s end-of-game, no-prayer, unsuccessful lob into the end zone.
Flake is sponsoring the House counterpart to the debt buy-down bill of Sens. Marco Rubio (R-Fla.) and John McCain (R-Ariz.). This would allow taxpayers to designate up to 10 percent of their federal income tax liability to reduce the national debt by checking a box on IRS forms, and requires an equal amount of permanent reductions in federal spending.