World Perspectives

$6 Trillion Budget Unveiled

The White House released the President’s Budget today; it is a $6 trillion dollar package that picks up where the COVID pandemic relief spending left off. For context, the pre-pandemic budget proposal for FY2021 was $4.9 billion. That got blown up by COVID relief spending.  Below are three charts to show the scope. First, total federal outlays to date and proposed under the federal budget. Second, revenue to the Federal government by source by percent. In 2010, taxes (personal, corporate, and excise) were about 54 percent of federal revenue, in 2021 they were about 57 percent, and by 2026 they are projected to be 64 percent. The balance is Social Security receipts, federal trust income, and interest income. And third, USDA...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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