It's propaganda designed to implant the notion that any further cuts in 2012 will be the end of the world. It'll probably work, too. Everyone wants cuts and lower taxes just as long as their own government-provided rice bowl isn't touched. The Rats are experts at exploiting voters' selfishness.
Yep, the Rats are out in force and the enemedia is more than happy to trumpet their garbage.
You’re right, this is aimed at shutting down further cuts to programs in the 2012 budget. The Repubs must get really serious about this in the new budget, with the election just in front of them they just might.