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.