Some people are never satisfied

This cuts both ways – some people want more tax cuts (and given who pays most taxes almost any tax cut will disproportionately help those who make more), and some people want the government to pay for more things. Unfortunately, both seem to be getting what they want and that is how we have a growing deficit and national debt.

3 graphs for your perusal.

Federal Receipts as Percent of Gross Domestic Product (FYFRGDA188S) | FRED | St. Louis Fed

From ~1950’s to ~2008 what the government collected in revenue bounced around 17.5% of GDP. Starting in the 2001 recession the trend has been about 1-1.5%points lower (~16%)

Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S) | FRED | St. Louis Fed

From ~1950’s to 2008 the government spent between what looks to be about an average of ~19% of GDP, and closer to ~20% from 1980 to 2008. Starting in 2008 – that average is significantly higher due to the huge increases in spending during the 2008 recession and covid. In 2024 the US government spending was over 23% of GDP.

and finally,
Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) | FRED | St. Louis Fed

From ~1950’s to 2008 the government ran deficits of what looks to be an average of ~2.5% while only exceeding 5% once. Starting with the 2008 recession the deficit looks to be averaging closer to ~7% of GDP with very large excursion for the 2008 recession and covid. In 2024 the deficit was 6.3% of GDP

Bottom line: it’s both taxing and spending. We’ve lowered taxes and increased spending and if both are not addressed this will just get worse.