Neither Party Wants to Address Harsh Truths about US Debt

Dealing with actual details about how to reduce $16 trillion makes everybody squirm

Some unpleasant, uninvited guests dropped in on the Democratic convention.

The federal debt hit $16 trillion. U.S. factory activity shrank for a third straight month. And a new poll found President Barack Obama's "unfavorable" ratings higher than his "favorables" for the first time since February.