World Perspectives

Debt Limit: Fiscal Policy Political Chicken in September

Congress stands in recess until next month. The Senate has passed the $1.2 trillion infrastructure package and the $3.5 trillion budget resolution, and the House of Representatives will take up those two items upon returning to session. But mixed up with those votes, the next big Congressional votes coming are a continuing resolution (CR) to fund the government after 30 September which is the end of the fiscal year and raising the debt limit. While the budget resolution for next year will set the parameters of federal fiscal policy, the 12 appropriations bills which actually fund the government in FY 2022 have not been passed; until then, a CR will be needed. And, moving forward, the federal government’s borrowing authority will need...

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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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