Yes, if you consider what the return on investment is. I'll try to avoid going into too much depth about finance and simplify this explanation:
Some of the things you spend money on will earn you value in the future, and some things will not earn you more value in the future (or not enough to justify the expense). For example, making community college tuition-free for all Americans would cause a measurable increase in GDP, increase the pace of technological innovation, and generally improve the quality of life for all Americans (even those that don't take advantage of extra free education).
Some things you spend money on, such as a national stockpile of ventilators or funding firefighters in your town won't immediately or consistently return value to you, but will be worth it if things go wrong.
Tax cuts generally only help the wealthy - the people that own land and businesses.
Those benefits don't "trickle-down".
We can't pay our debts by spending less. The only solution to the debts added by deficit spending is to
increase taxes.
Oddly enough,
increasing taxes also reduces deficit spending.