Woah, let's back it up.

There is absolutely NO chance Trump and co reduce spending. He wants the debt ceiling removed already, lol.

He wants to deleverage, which means literally nothing. He doesn't want to cut actual spending as a whole.

He is 100% behind keeping and even expanding Medicare and social security. That will be more than 70% of the budget in a few years.

30% of the debt turns over this year, 85% of which is currently at a lower rate than today's 2, 10, and 30 year rates. This will balloon the deficit and interest expense. Hence why he wants Powell to lower rates. Except....the fed target is already below the 10 year. Markets don't care.

He wants to spend more on defense, AI, deportations/DHS, power grids, shitcoins, farm subsidies and more.

Trump will absolutely spend more over the next four years than we did in 2017-2024 combined.

He does not want to reduce the state and power, he is a populist.

It is not possible to 'grow' your way out of our debt and annual deficits. GDP included government spending, it's the worst stat known to man.

So no, I do not want to advocate they get more power and control over the economic actors. Not with Biden, Harris, nor Trump. The machine always wins.