I've said that I am fully supportive of eliminating waste. But that's not going to dent the structural deficit, and therefore the national debt will continue to climb. There is zero intent apparent from the GOP (or the Dems, but they are not in power) that they will tackle the structural deficit and therefore the national debt. There is lots of noise and what not, but the frameworks passed by the Senate & House and the intent of the Admin to drive through more revenue reductions which FAR exceed any savings found or intended, demonstrates that this is all NOISE. So slap as much lipstick on that pig as you want, but we are going to go over $40T in debt within 2 years I'd say.
As an aside, I did read one commentator who thought that the recent admin actions which drove down the equity market were purposeful and were done with the intent that the bond market would react as it normally does, which would reduce interest rates. This would make the $8T that needs to be refi'd this year cheaper. Unfortunately, both China & Japan (approx. $800B & $1.1T totally owned by them respectively) started to sell US bonds (or so I read) which caused the bond market to do the opposite, and that's what panicked the admin into the 90 day pause.
As a strategy that does make sense, but it was a gamble that didn't pay off and cost us $10T in the equity market and will cause the annual interest to be $1T or so. Both of those are pretty huge downsides.
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