Fiscal conservatism, a term used in North America to describe a fiscal policy that advocates avoiding deficit spending
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Pagliarini is a moderate, sometimes dissenting with the party's social-conservative agenda, a libertarian, especially on economic issues, and a prominent supporter of fiscal federalism and fiscal conservatism.
Implementation of Funkhouser's campaign pledges of fiscal conservatism while cleaning up local government received national headlines early in his administration when Funkhouser announced his intention to accept a new leased Honda Civic Hybrid from a Northland auto dealer.
As the recession worsened, the NDP implemented what it called the Social Contract — which represented a shift to fiscal conservatism that anticipated that of the Labour Party in the United Kingdom under the leadership of Tony Blair.
In the United States, "Third Way" adherents embrace fiscal conservatism to a greater extent than traditional social liberals, and advocate some replacement of welfare with workfare, and sometimes have a stronger preference for market solutions to traditional problems (as in pollution markets), while rejecting pure laissez-faire economics and other libertarian positions.
In both races, Schansberg emphasized fiscal conservatism, bringing troops home from Iraq, reducing or eliminating payroll taxes, reforming Social Security, and eliminating subsidies for corporations and Planned Parenthood.