How will "cutting spending" decrease the amount of debt...?

if we already owe $14 trillion, then it seems the only thing that will happen if we spend less money is we will not add to that amount of debt. On the contrary, about the only way for us to truly get OUT of debt would be to spend LESS than what is in our budget, which has NEVER happened in the history of the US (the only time in history we ever even stayed WITHIN budget was under the stern leadership of Andrew Jackson). The possibility of selling to most other industrialized nations is likewise an impractical one due to exchange rate comparisons and the potential for fraud, and will do little if anything to help our financial situation. I never thought I would say this...but for once it seems we are truly in a hole which we cannot dig ourselves out of.