World Perspectives

Build Back Better Legislation Through the House

The House passed the scaled back version of the President’s Build Back Better reconciliation bill; the original package was $3.5 trillion, what got through the House on a 220-213 mostly party-line vote was $1.75 trillion. One Democrat, Representative Jared Golding of Maine, was the only member to cross party lines; he voted against it.  The House vote was delayed waiting on a budget score from the Congressional Budget Office (CBO), requested by a group of moderate Democrats as we noted on 8 November). The bill has $81.564 billion in ag spending over the next five years; and $81.746 over the next 10 years.

Like the ag programs, most of the spending is front loaded. Over 10 years CBO forecast the bill would increase the deficit...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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