The term identifies a political movement that emerged in the United States, gaining traction around 2009. It advocated for reduced government spending, lower taxes, and a strict interpretation of the Constitution. As a contemporary example, consider its influence on budget debates within Congress, where proponents often cite principles of fiscal conservatism and limited government intervention.
Its significance lies in its impact on the Republican Party and American political discourse. The movement contributed to a shift towards more conservative stances within the GOP and played a role in shaping policy debates related to healthcare, government debt, and the role of federal regulation. Understanding this development provides crucial historical context for analyzing contemporary political dynamics.