I do not see how you square that with the tax cuts that are being proposed in the same breath. Some $4.5 trillion in reduced revenue makes the debt problem worse.
Coming back to the revenue reductions: the Trump 2.0 administration is very different than Trump 1.0, and he has a lot of smart, experienced people around him to advise him. I can envision them coming up with plans that are successful in putting America back on the right track. But I certainly don’t “trust” the plan by default, for the same reason you’re bringing up. At the same time, I don’t want to be too negative about it either - we just don’t know enough about it. And maybe that’s okay, since it can be useful for the administration to not reveal their larger strategy publicly for many reasons. So I can’t square it, but I am hopeful about where all this is going. Continuing the trajectory of the last several administrations is worse.