Wasn't this entirely predictable?
He has long said that he'd run the government like a business. Because that what Trump thinks the government is.
He has no notion of the government being "of the people, for the people" or anything like that.
To him, it's a business. And businesses need to generate profit. And (to him): the main share holders are himself and the people around him. It is (quite literally) what allows him to think of himself as a King.
(like many of Trump's businesses, it may go bankrupt - but not before he and his "friends" have made a nice chunk of money first. Others can pay the debts. That's why it is so important to increase the debt ceiling)