from World Socialist Web Site. The article looks at the social cutbacks being proposed in European countries as a preview of what is coming to the US under Obama's Commission on Fiscal Responsibility. See this and this.
On the other side of the Atlantic, the Obama administration’s chief budget official sounded a similar note, warning that Washington must take action to slash its deficit, which is expected to exceed $1.5 trillion this fiscal year, or “wind up facing the sorts of choices that Greece now faces.”