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MEDAL WILL BE REWARDED Fiscal conservatism is the belief that government should not have large debts, and that government programs should not be paid for on borrowed money. How could both Democrats and Republicans be considered fiscally conservative? Republicans - spending money on new programs. Democrats - tax cuts for the wealthy Republicans - cutting government programs. Democrats - raising taxes on the wealthy Republicans - raising taxes on the wealthy. Democrats - cutting existing government programs Republicans - tax cuts for the wealthy. Democrats - funding new programs
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