Budget cuts have been shown to be fake. They count them as theoretical decreases from some theoretical increase. They have no meaning.
The only meaningful way to control spending is limit the total debt ceiling.
Limit the debt ceiling increase to 100 billion a month.
If Congress can’t pass budget cuts to do this, then the president has to make the cuts.
The McConnell proposal is 200 billion a month in effect. This would be half that.
It would require monthly actions to cut. So the president can’t just come back in 6 months and say he spent it already. He needs more.
This is a real budget in a sense.
Other proposals are
1 billion per day.
2 billion per day.
2 billion per business day, defined as a weekday that is not a federal holiday.