If enacted, it will be an utter disaster.
Budget-cutting has become a conservative religion, divorced from any rational assessment of the actual role government plays in society and driven only by the insatiable hunger for more tax cuts for the wealthy. If this sort of approach is enacted it will create a deep recession — government doesn’t burn the dollars it spends, huge amounts of it fuel the economy — and will push us backward in innumerable ways.
You may have been conditioned by Fox News pundits to think that government is your enemy in some vague way, but if you ask anyone in any specialized field, be it science, research, computing, engineering, arts, education, law enforcement, public health — you name it — the role of the government is large, on balance beneficial, even if sometimes annoying, and in many cases essential.
Even if the Heritage Foundation thinks differently.