The Administration, using a more optimistic economic forecast, says the deficit would be $108 billion.

With such generally optimistic forecasts, few states are raising taxes by any significant amount.

The first two are the result of the overly optimistic forecasts.

The company also said it would have a hard time meeting the more optimistic forecasts of its earnings for the full year.

But what if even that was a hopelessly optimistic forecast?

Along with an optimistic forecast of growing tax revenues, this makes the budget picture look quite positive.

In the event that turned out to be a bit of an optimistic forecast.

If interest rates go up further that may be an optimistic forecast.

It would be about $40 billion less if the more optimistic forecasts were used.

The results were wildly ahead of the Democrats' most optimistic forecasts.