Not necessairily. If "hundreds of billions of dollars" are saved because people are being terminated, those "hundreds of billions of dollars" will be redirected to other important social needs, like housing for the homeless, education for illegal aliens, or pay raises for politicians.
I took my son to Kaiser in DC for a follow up with a pediatric specialist. A young female doctor struck up a conversation with my son. She engaged him, she was charming, she was funny. Later while waiting at the reception I heard somebody mention that she was new and what was she doing here. "Abortions" she said. Just like that "Abortions". The hairs still stand up on the back of my neck when I remember.
In other words, we won't see any benefits from it.