The greater the president's fiscal credibility, the greater the confidence of lenders and financial markets.
The money-freeze is another blow to Soviet fiscal credibility since diplomats and foreign businesses of all sorts are affected.
He has tried hard to build the economic and fiscal credibility that many politicians say is essential for Democratic success in 1988.
The Government's hope was that the low interest rates that fiscal credibility has generated would boost private sector investment.
But that sort of hostage-taking would damage the state's fiscal credibility, and create a potent campaign issue against Republicans.
If it improves communications and gives us a little fiscal credibility with City Hall, it's all the better.
The damage done to Britain's fiscal credibility would mean that the move would not be worth it.
Ed's problem is that he can't seem to decide whether fiscal credibility or social concern are more important.
But I worry most about America's fiscal credibility.
Our fiscal credibility means we have one of the lowest borrowing costs amongst developed regions.