I vividly remember being in Brazil when Lula (the previous president, and a former leftist) was inaugurated. One of the first things he announced: he would be raising the budget surplus target in the first year of his presidency - I believe from 3.75% to 4.25%. The idea was that the former Marxist president as first action wanted to send a clear message to international capital: We are going to be fiscally conservative.
On a similar note, see Lindsey's recent post, and now note this from today. Note that this is a monetary rather than a fiscal move, but the effect (or at least the intended effect) is very similar.
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