Just one of the many sectors where budget cuts are going turn into huge losses down the line. The consequences of cutting healthcare and education are (going) to be much worse.
This is not something you can fix quickly either, as with State the loss of institutional memory and all the things which should have been tracked but weren't and got lost are going to be a huge supplementary shock.
Edit: A lot of downvotes, but no examples. Such cuts are always talked about as if though they have factually happened. To my knowledge, I’ve never actually seen such a cut in the United States at the federal, state, or local level. Sometimes, there have been attempts to limit the rate of spending growth, but those seem to always fail too.
Oklahoma and a number of other states moved to a 4 day school week to cut costs. Do you include cutting teacher pensions as an education cut? I can provide significant examples of education cuts.
I've noticed this is a frequent occurance--one faction will try to score political points by appearing to take an action, only to capitulate at the end when fewer people are looking.