We need this tax cuts
We need this better grammers.
Yes, and this does not rule out more.
President Trump has started noticably cutting Federal government bureaucracy and regulations. Much of this will reduce the cost of operating the Federal government, while creating more taxpayers, and putting more cash in circulation causing more economic transactions crating even more taxpayers.
All this should create more revenue for the Federal Government, but from more taxpayers with all taxpayers paying smaller amounts of their income as Federal taxes. Cost of Government goes down, Revenue for Government goes up, we move toward a balanced budget.
Ronald Reagan did this.