II 115th CONGRESS 1st Session S. 1552 IN THE SENATE OF THE UNITED STATES July 13, 2017 Mr. Flake introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to allow individuals to designate that up to 10 percent of their income tax liability be used to reduce the national debt, and to require spending reductions equal to the amounts so designated.