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While I agree with the sentiment, NATO Europe is increasing in strength. Would it be losing a huge backing with US? Yes, the countries would for sure need to invest more heavily in their militaries, but to say it will be lost is just not correct. The European NATO countries are talking openly about the risks with Russia's aggression and have already started increasing budgets modestly and many are calling for further investment.
Not to mention the fact that if Russia goes all-in on say attacking Finland for example, and the US has somehow backed away from 100 years of historical mutual support in the European theater, many in US population will call for US involvement. Loudly. In fact it's the one time I can see the benefit of a Military Industrial Complex here pushing to join such a war.... to sell more weapons