On Wednesday, the House of Representatives narrowly passed the plan to raise the debt limit and limit discretionary funding put forth by the Republican majority. That plan would raise the ceiling on government borrowing authority from the current $34.1 trillion by another $1.5 trillion, or until March 2024, whichever comes first. As noted, when the Republicans organized for the 118th Congress they adopted the position that they would not pass a “clean” debt limit extension. Specifically, Republicans committed to a number of actions, including: No debt limit increase absent a discretionary budgetary agreement in line with the House-passed budget resolution or other commensurate fiscal reforms to reduce and cap the growth of spe...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.