Noun
fiscal conservative (plural fiscal conservatives)
One who favors a balanced budget, preferring spending cuts or tax increases to borrowing, and wants to decrease government size, and promote a free market.
Nobody is a fiscal conservative anymore. All this talk about concern for the deficit and the budget has been bogus for as long as it's been around. Rush Limbaugh
Franklin Delano Roosevelt eventually became the greatest liberal leader of 20th century United States, but he started as a fiscal conservative. His greatness is founded in his willingness to change his mind to save his country from the Great Depression. Abhijit Banerjee