"Fiscal responsibility" is a near useless term with two very different meanings: to the right it primarily means spending cuts, to the left it primarily means raising taxes. The left is adamant that Obama has offered all kinds of "fiscal responsibility".
Excellent point. The Republicans now control the House, and that is where spending bills originate. The GOP needs to preach this message non-stop: We don't have a revenue problem; we have a spending problem. That's what a trillion dollar deficit means -- you're spending too much. The House needs to clamp down on the spending and force the government to be fiscally responsible. Yes, that term has had two meanings, but now the only meaning that matters is our meaning.