PS: I'm from and in Europe. I don't get why it is a good or logical thing that the US should be responsible for the majority of "Western" defense on our territory.
Note that it might have been possible for the US to convince the rest of NATO to spend more on their defense without losing the faith of their allies. This sure isn't the way to do it.
I see this as analogous. US is maybe reaping some short term benefits from flipping on its allies, but burning the bridges it very much relies on.
It also wants to forcibly grow competing defense contractors in Europe.
Group A and Group B build an economic partnership under consensual terms generally favourable to both over a long period of time.
At one point, Group A decides to withdraw due to real or perceived inequality. The timeframe of withdrawal is faster than entering, and is insufficient to unearth the complex network of roots that took generations to plant.
When the trunk is pulled, the pain is felt in vast numbers of small ways that add up. These roots are what contain the vast majority of the surface area after all.
Read some history (everything geopolitics after the second world war), you should ask yourself why for 76 years that's exactly what the US did (and perhaps why this is the first time that question occurred to you).
It's because the relationship between Europe and the US is not a mutually beneficial one, the US benefited the most from its power and influence over western Europe, and that doesn't just apply to Europe. NATO and the roughly 128 military bases in 58 different countries don't exist because the US somehow likes to subsidize the military spending of these countries for some altruistic purpose, it exists because it strengthens US influence across the world.
That's soft power, and if it fails, it means war (in total 123 military conflicts since WW2). It's a less bloody alternative to make sure the US gets what it wants because its the stronger party in any geopolitical relationship.
That's the logic behind it. The same logic applies to military aid it gives to Egypt and Israel (that Trump continues to give).
This is a common talking point, but I think it is totally wrong. The US didn't finance and organize Europe's defense.
They did spend money on their own defense forces which happen to be best positioned in Europe near the best interest as a superpower.
America spent money against their Russian adversary. This money was always well spent as far as I can see it.