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Blog Post
March 07, 2014
President Obama launched the opening salvo in the FY2015 budget process with his recently released request, and while some of his foreign assistance proposals seem destined to go the way of the cutting room floor, you certainly can’t fault the request for having a specific point of view.
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Blog Post
March 05, 2014
The President’s FY2015 budget request is out and it looks good for MCC. With a base budget ask of $1 billion, this is the highest request the Millennium Challenge Corporation has seen since FY2012. Of course, the request is just the first step of the budget process, so MCC may or m...
Blog Post
March 04, 2014
Bipartisanship has a pulse in Washington after all. Or, maybe it’s just Ed Royce (R-CA) and Eliot Engel (D-NY) reminding the town that certain issues trump the desire to deliver mortal body blows. What unites this conservative from San Bernardino and a progressive from the Bronx? The belief th...
Blog Post
February 18, 2014
Trade policy is one of America’s most potent development tools, particularly for the world’s poorest countries. The big question has always been how best to use it. Should the US give away duty-free access to its $17 trillion market? Essentially opening the door to anyone in th...
Blog Post
February 03, 2014
This is shaping up to be a big year for US trade policy. Most eyes are on potential deals with the Pacific Rim and Europe (and reeling from Senator Reid’s latest blow to their prospects). Those of us concerned with trade as a driver for development should also be ...
Blog Post
January 30, 2014
Of the many outcomes in the FY2014 Omnibus Appropriations legislation, one that stood out was buried in section 7081. This provision now allows the Overseas Private Investment Corporation (OPIC) to invest in fossil fuel power projects in IDA and IDA-blend countries. In other words,&nb...