According to Noam Chomsky in his recent book Who Rules the World?, For the public, the primary domestic concern is the severe crisis of unemployment. Under prevailing circumstances, that critical problem could have been overcome only by a significant government stimulus, well beyond the one Obama initiated in 2009, which barely matched declines in state and local spending, though it still did probably save millions of jobs. For financial institutions, the primary concern is the deficit. Therefore, only the deficit is under discussion. A large majority of the population (72 percent) favor addressing the deficit by taxing the very rich. Cutting health programs is opposed by overwhelming majorities (69 percent in the case of Medicaid, 78 percent for Medicare). The likely outcome is therefore the opposite. Obviously, none of the above is in line with what is likely to happen in the near future. As the link above to my recent article on Dean Baker's ideas shows, much of the deficit is fixable with changes to policies that govern the "free markets".
However, none of that matters as Republicans are very likely to try gutting education, pollution regulations, and medicare, while giving huge tax breaks to the rich. These would all seem to be the exact opposite way in which the majority of Americans would wish to see this done.
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