"fiscal potential" is a correct phrase in written English and can be used in a variety of contexts.
For example, "The Governor has announced a plan to better tap into the state's fiscal potential."
So now, as Mr. Bloomberg prepares to announce on Thursday his plans to seek re-election, he may well be volunteering for the ultimate test of his financial skills — managing New York City in the middle of a global financial crisis and in the face of some potential fiscal problems he may well have contributed to himself.
But removing banks from the equation would lift one large potential fiscal burden from governments.
Interest rates on Treasury debt tend to go down in the face of potential fiscal mayhem.
Concern may stem from the potential fiscal burden of bail-outs.
Those numbers were unexpectedly bright, given the impact of Hurricane Sandy and business fears about the potential fiscal crisis next month.
"Potential fiscal incentives, such as tax exemption and subsidies, would enable Treciklo and other social enterprises to more fully realise their social objectives," she says.
With net US government debt already running at 82% of national income, the potential fiscal costs of a fast upward shift in interest rates could be massive.
Furthermore, how can we perpetuate these tax cuts in the face of a weakening dollar and other signs of potential fiscal crisis caused by our ballooning deficit?
"If the idea is to provide potential fiscal stimulus that is fast-acting," he said, the government should focus on tax cuts rather than new spending.
The United States faces a potential fiscal train wreck at the end of the year, when the tax cuts passed under President George W. Bush are scheduled to expire.
