McCain: New Anti-Debt Bill Will Be Monitored By Every Taxpayer Watchdog

Senator John McCain says Thursday that every taxpayer watchdog group in Washington and around the country will be in favor of his new bill, called the Debt Buy-Down Act. (0:48)
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McCain: Americans Will Embrace Bill Aimed At Driving Down Nation's Debt

Senator John McCain (R-Ariz.) says Thursday that Americans who are concerned about federal spending will embrace his new Debt Buy-Down Act. (0:44)
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House Republican Says New Legislation Will Help Lower Debt

Rep. Jeff Flake (R-Arizona) breaks down a new bill he and fellow Arizona lawmaker Sen. John McCain (R) are introducing, called the Debt Buy-Down Act. Flake says the bill will allow taxpayers to put 10% of their federal income tax liability toward reducing the national debt. (0:37)
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GOP'er Flake Says He's Found The One Earmark He Likes

Rep. Jeff Flake (R-Arizona) jokes that the Debt Buy-Down Act, which will allow taxpayers to put as much as 10% of their federal income tax liability toward reducing the national debt, is the only earmark he likes. (0:09)
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