World Perspectives

Crunch Time; Miscellaneous

Crunch Time The “Big Beautiful Bill” providing the tax cut extensions sought by President Trump is supposed to be passed by the U.S. House by Memorial Day. The President told House Republicans today that they should not cut Medicaid, and they should not raise the cap on deducting state and local taxes (SALT). It is difficult to see how Speaker Mike Johnson rallies sufficient support for the reconciliation measure to pass. Conservatives targeted cutting Medicaid to reduce the amount of deficit spending, and Blue state Republicans are insisting on raising the SALT cap. The President threatened there will be political challengers in 2026 elections if Republicans do not fall in line. Already, conservatives like Rep. Thomas Massie (R...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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