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The only reason that the deficit ceased to exist during the Clinton administration was because neither Clinton (Democrat) nor the house (Republicans) could agree on anything, so spending stalled drastically. For as long as the presidency and house are split between Democrats and Republicans, then spending will be done at a reasonable rate (And the deficit will all but disappear).
Of course, in a scenario when the presidency and the house is controlled by the same party, I'd have to say that Democrats are more fiscally responsible. Contrary to popular belief, Replublicans are usually the big spenders and run up a huge deficit while Democrats tend to be a bit more lax on their spending. Therefore, my vote goes to Democrats.
Edit: How can the libertarians be more fiscally responsible? They've never even held a public office (Unless I'm mistaken).
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I believe in equality; Everyone is equally inferior to me.
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