They never gave him a chance to show he had the qualifications to set entire courses, to create-with even more accuracy-the fiscal projections spanning the five-year interregnums.
To deflect such perceptions, Mr. Gore included in his glossy, 191-page plan a pledge to set aside $300 billion as a hedge against overly optimistic fiscal projections.
By midyear, prudent forecasters pegged the 10-year fiscal projection at a deficit of well over $4 trillion.
Based on these fiscal projections, the Sultan would distribute the land and villages to the soldiers who had participated in the conquest.
That figure is more or less unchanged under the new fiscal projections.
Result: now the 10-year fiscal projection is for a $4 trillion deficit.
Fitch fired its broadside after updating its fiscal projections for America, and concluding that:
He determined the resolution of audits of 200 community-action agencies financed by the Federal office and prepared fiscal projections for an yearly budget exceeding $125 million.
On Jan. 27, she is scheduled to announce her state's 1996 budget, including fiscal projections that could be affected by a downturn in employment.
Even if the most optimistic fiscal projections prove true, the surplus will be gone within 20 years, leaving the government - and, by extension, taxpayers - facing intense financial pressure.