If a credit card company lowers your minimum payment but triples your bill, are you really ahead?
The tax cut was a very good thing but should have been followed up with spending cuts. As the deficit gets bigger and bigger, the tax cuts will be blamed rather than the spending and it will poison the public against future tax cuts.
Deficit spending is a de facto tax increase. The money that is borrowed has to be paid back, with interest.
And where does that money come from?