The budget was very much in line with the proposals in President Obama's State of the Union address and included a number of new tax proposals that were not well received by the Republicans.It is the first Monday in February, which is also the deadline for the president's budget proposal submission. Indeed, President Obama's FY 2016 budget was released on time unlike years past. His message underscored the good economic news, the best of his presidency, as he noted in a prologue to the budget plan:With a growing economy, shrinking deficits, bustling industry, and booming energy production, we have risen from recession freer to write our own future than any other Nation on Earth.... The ideas I offer in this Budget are designed to brin...
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.