John Stossel’s special on government budgets, “The Money Hole,” will be replayed on Fox News Channel tonight. It’s at midnight EST and 9:00 p.m. PST.

In one of the segments in that show, John Stossel interviews me on my Mercatus study, “Canada’s Budget Triumph.” In it, I tell how Canada’s Liberal Party government in the 10 years from 1995 to 2005 cut the growth of government spending and, in some years, cut spending in dollar terms, to bring the debt to GDP ratio from about 70% to about 30%.