When I was there, we were told that there was going to be a revenue shortfall of about three and a half billion dollars. That didn't happen. Right now the Revenue Estimating Conference is estimating a $6 billion shortfall over the next couple of years. and we have to plan for that. But the truth is they've been wrong about this several times. Not too dissimilar. The Congressional Budget Office, they come out with their forecast of what things cost. (01:34–01:41)
CLAIM
Asserts that the Revenue Estimating Conference predicts a $6 billion revenue shortfall in the coming years.
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