Exactly How Bad Is This Republican President's and Congress' Plan for Spending?

After the Republican Party's Congress and President released their tax and spending plans, exactly how bad is it all?
Don't ask Democrats or the Left Wing or "libruls" for their opinion, oh no.
Let's go straight to the heart of the Right Wing:

Heritage Foundation: Republicans are 

“bankrupting the country” 

Yes sir. And it comes from this article:

Alarm bells are ringing on the federal debt

This is the author:
Thomas Binion is the director of Congressional and Executive Branch Relations at The Heritage Foundation.
For those who don't know---who, exactly, is the Heritage Foundation, you ask? Well, here you are:

The Heritage Foundation - Wikipedia

https://en.wikipedia.org/wiki/The_Heritage_Foundation

The Heritage Foundation (abbreviated to Heritage) is an American conservative public policy think tank based in Washington, D.C. The foundation took a leading role in the conservative movement during the presidency of Ronald Reagan, whose policies were taken from Heritage's policy study Mandate for Leadership.
Here, then, is what Mr. Binion has to say about this latest spending boondoggle by this Republican Congress:
The Bipartisan Budget Act is 652 pages long. The bill increases spending by $386 billion over two years and nearly $1.5 trillion over 10 years. It also suspends the debt ceiling until after the next election.
This is a massive and sweeping increase in federal spending. The increase in domestic spending is three times larger than even the increase requested by President Obama in his last budget.
Sure, those pesky Democrats insist this Republican tax plan shovels yet more money to the already-wealthy and corporations---their contributors---as well as taking money from programs that help the middle- and lower-classes (and it's factually true, by the way), but let's not rely on their input or opinion. Let's stick with Right Wingers and Republicans on this.
Even they think this is not just a bad plan but downright dangerous. 
Bankrupting, even.
But hey, Republicans are doing it so it must be okay?
Right?
Not done spending there, however. Mr. Trump also wants to have a parade, we can't forget that.
Trump's military parade could cost as much as $30 million
Link:

CBO: Senate tax plan would increase deficit 

by $1.4T over 10 years