Why is President Trump defending steep cuts to federal programs and spending?

At his Mar-a-Lago club, President Trump defended steep cuts to federal programs and spending while praising billionaire adviser Elon Musk's role in reshaping government operations. Trump appears to support Musk's efforts in dismantling certain parts of the federal government, framing these changes as necessary reforms to address waste and inefficiency. The administration's approach reflects their prioritization of reducing government spending through significant cuts to federal programs. This strategy aligns with the broader goal of restructuring government operations, with Musk playing a key advisory role in this transformation process.