That's twelve zeros.

Economic historian John Steele Gordon describes the only time in American history that a president erased the federal debt.

CEOs from across the country are asking Congress to figure out how to decrease the deficit. But how pure are their intentions?

Commentator Liz Herman says we need to find a way to both reduce the deficit and spend the right amount on social services.

The billionaire will match the contributions made by Rep. Scott Rigell to pay down the national debt. But he's still waiting for Senate Minority Leader Mitch McConnell to make a contribution.