Democrats are labeling any plans that would cut or even flatten Federal spending as the "austerity" option. They use the word austerity to imply an unusual and radical reduction in spending which evokes proposed plans in places like Greece that has all the government workers marching in the street.
But Greece is trying to find a way to move to a fiscal regime they have never even experienced, not in any of our lifetimes and maybe never. In contrast, the US merely needs to move to a place it was way back in about 2006. Yes, that's right, "austerity" is returning to the level of government spending we had five years ago. And we all remember what a blighted time that was, a veritable Mad Max desolation relieved only by Obama arriving like the Postman from the David Brin novel (or the execrable Costner movie, if you prefer).