The Canada Model for deficit reduction
No matter who controls the White House and Congress after this election, there is no doubt that a close look at Canada’s successful deficit reduction policies are in order. Check out this article from the Washington Post written by the head of a Canadian think tank.
Also, see this chart from the Cato Institute which shows just how much spending has declined north of the border:
Lastly, it is worth noting that while spending in Canada is a big factor in their recent economic prosperity, our neighbors to the north have seen economic freedom increase as ours has declined in the USA.