The nonpartisan budget office's outlook is conservative compared with other responsible estimates of deficits averaging a half-trillion dollars across the decade, doubling the national debt to $9 trillion.
Politicians are expected to lie or at the very least, to shamelessly revise their estimates of deficits, cost overruns, and problems in general, but strangely, not about their personal lives.
The swelling estimates of the deficit make it increasingly likely that Congress will have to stretch out the yearly deficit goals imposed by the budget-balancing law.
Estimates of the deficit range from €4 billion to €10 billion.
The number crunchers at Goldman Sachs have lowered their estimates of the deficit both this year and next, on the back of higher-than-expected revenues and lower-than-projected spending.
Unfortunately, estimates of fluid deficit that are based on traditional physiological parameters, such as heart rate, blood pressure, and cardiac filling pressures, are not sufficient.
California alone needs to begin devoting an additional $28 billion a year to state and local public pensions to remedy an existing shortfall, according to one nonpartisan study -- and nationwide, estimates of such deficits reach into the trillions over the next few decades.
He will suffer the embarrassment of having to revise up his estimates of public deficits to levels that easily bust the record set by the Tories at the end of the early 1990s recession.
Familiality estimates of pursuit deficits indicate that early pursuit gain was more familial than predictive gain, which has been the most widely used measure in previous family studies of psychotic disorders.
