Culling programs and shedding staff reduces the size of government, it does not reduce the revenue
The money budgeted those offices will be reallocated to more useful purposes.
America is engaged in economic world war with BRICS and needs to get its finances and miitary in order.
Raising the debt ceiling is, to minimize the concept, is like getting your credit limit increased on your credit card for a having demonstrated a good payment history.
The government borrows from itself and sells securities to spend money on goods and services and pay then uses tax revenues to make the "minimum payment" on their monthly bill.
Having found misappropriation, embezzlement, fraud, and waste in the stewardship of public funds should make that job much easier and eventually reduce the debt and the tax burden on everyone.
There has long been plenty of money laying around but it was being stolen.
The bad actors did not steal the money from the Trump administration.
They stole the money from you, your parents, your friends, your neighbors, and everyone's children.