In short, the fiscal outlook is tolerable but not great.

Given the fiscal outlook, what is your opinion on these issuers?

As a result, our fiscal outlook, which remains challenging, has improved over the past year.

The more pressing question is how the institute will adjust to a changed fiscal outlook.

If anything, the fiscal outlook at every level of government is more restrictive now than it was in the winter.

This trend is likely to continue given the long-term fiscal outlook.

States are cautious about the fiscal outlook over the next 5 or 10 years.

In any case, the changes to the fiscal outlook are considerable.

Nor does its fiscal outlook seem sanguine for the next few years.

What about the fiscal outlook in the real world?