1. United States
2. Pa.
3. Letter

The deficit cannot wait. Rising bond yields are already driving up debt costs for G7 nations by tens of billions of dollars, and every month of inaction compounds the damage. I need you to take concrete steps now to reduce deficit spending before this becomes a full-blown fiscal crisis. Higher yields mean the government pays more just to service existing debt, crowding out spending on things that actually matter to people. This is a self-reinforcing trap: more borrowing drives yields higher, which drives costs higher, which forces more borrowing. The window to act responsibly is closing. I expect you to push for meaningful spending restraint, not accounting tricks or deferred cuts that never materialize.