Supposedly they are cutting 4.9 trillion in fraudulent and wasteful spending.
4.9-1.7 = 3.2 trillion. So the 1.7 trillion is not increasing the debt, it is decreasing the debt, not by 4.9 trillion but by 3.2 trillion. The reason they are doing this is simple. They are laying off and firing a lot of people. All of that money was going to be spent one way or another. That would create large groups of people protesting the cuts. So if you give everyone $5,000 they are not going to listen to the "few complainers".
4.9-1.7 = 3.2 trillion. So the 1.7 trillion is not increasing the debt, it is decreasing the debt, not by 4.9 trillion but by 3.2 trillion. The reason they are doing this is simple. They are laying off and firing a lot of people. All of that money was going to be spent one way or another. That would create large groups of people protesting the cuts. So if you give everyone $5,000 they are not going to listen to the "few complainers".