World Perspectives

End of the Fiscal Year Snapshot

The short-term snapshot paints a rosy scenario for the federal budget with a lowered deficit, growing economy and strong revenues. However, if the current policies in place were frozen into the future, the scenario doesn't look quite as promising.

Today is the last day of FY 2014. The government is funded for the first part of FY 2015, which starts tomorrow, via a continuing resolution (CR) that will extend into December when a lame duck session of Congress will make another necessary extension. According to the Congressional Budget Office (CBO), the federal budget deficit will total $506 billion, approximately $170 billion lower than it was in 2013. That is higher than the estimate in April of this year that pegged it at $492 billion. T...

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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.

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