Opinion | Debt, Not the Debt Limit, Is the Real Fiscal Crisis
A spending blowout and higher interest rates make spending cuts not only necessary but urgent.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Opinion | Debt, Not the Debt Limit, Is the Real Fiscal Crisis

### Response: A spending blowout and higher interest rates make spending cuts not only necessary but urgent.