Sadly, this is not even a cut in spending. It is a cut in the scheduled rate of growth for spending. I would cut actual spending by $1T a year or more if I controlled the budget, although I would ease the transition by cutting perhaps $400B the first year, $300B the second year, $200B the third year, and $100B the fourth year. Then I’d look at what was left and try to find more cuts in FedGov.
A spending freeze would do the job faster