Founded in 1991, the Republican Liberty Caucus works to advance the principles of limited government, free markets and individual liberty within the Republican Party.

With the Republican takeover of the U.S. House on Tuesday, there is some reason for advocates of limited government to be hopeful as the coalition of Republican Liberty Caucus-endorsed legislators has grown.

Additionally, 57 House incumbents lost reelection — 53 on Tuesday and four others in their primary. The list of losing politicians includes 10 Democratic Congressmen who have served since at least 1992 and several who have been in office for more than twenty-five years.

In the below video, John Stossel and Congressman Ron Paul discuss prospects for the new Congress.