Policy Impact Analysis - 117/HR/4476

Bill Overview

Title: DHS Trade and Economic Security Council Act of 2021

Description: This bill establishes the DHS Trade and Economic Security Council, which shall provide trade and economic security advice and recommendations to the Department of Homeland Security (DHS). This includes identifying concentrated risks and setting priorities for protecting the nation's trade and economic security. The bill also establishes the position of Assistant Secretary for Trade and Economic Security within DHS's Office of Strategy, Policy, and Plans.

Sponsors: Rep. Meijer, Peter [R-MI-3]

Target Audience

Population: People involved in or impacted by U.S. trade and economic security

Estimated Size: 250000

Reasoning

Simulated Interviews

Customs Officer (New York, NY)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • I believe the policy will enhance our strategic operations, offering better guidelines and risk assessments.
  • With a dedicated council, we might receive better support and training, although actual job changes may be gradual.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 9 7
Year 10 9 7
Year 20 9 7

Import/Export Business Manager (Los Angeles, CA)

Age: 30 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 10/20

Statement of Opinion:

  • I'm wary of new regulations that could complicate our import processes.
  • If the council really helps streamline procedures and keeps us informed, it might be a benefit.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 7 6
Year 10 8 6
Year 20 8 6

DHS Policy Analyst (Washington, DC)

Age: 52 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 15.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy directly aligns with the work I do, giving more structure and focus to our initiatives.
  • I anticipate increased collaboration across departments.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 9 8
Year 3 9 8
Year 5 9 8
Year 10 10 8
Year 20 10 8

Logistics Coordinator (Chicago, IL)

Age: 39 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 8.0 years

Commonness: 7/20

Statement of Opinion:

  • Regulations already burden us, so I'm concerned about added compliance requirements.
  • The council might lead to better standards, easing this worry over time if implemented well.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 4
Year 3 6 4
Year 5 7 4
Year 10 8 4
Year 20 8 4

International Trade Lawyer (Houston, TX)

Age: 28 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • The council could create opportunities for clearer guidelines and elevate trade security issues.
  • Long-term impacts are unclear but could ease legal complexities for clients.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 8 7
Year 10 8 7
Year 20 9 7

Senior Import Compliance Officer (Miami, FL)

Age: 50 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 12.0 years

Commonness: 5/20

Statement of Opinion:

  • Any policy that helps reduce surprises in regulations is a positive, but I'll need to see results from the council.
  • Initial disruptions are expected, but long-term benefits are hopeful.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 8 6
Year 10 8 5
Year 20 8 5

Freight Forwarding Agent (Seattle, WA)

Age: 34 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 4.0 years

Commonness: 9/20

Statement of Opinion:

  • Additional oversight might bring more paperwork, but improved efficiency is always welcome depending on implementation.
  • The new council has the potential to curtail inefficiencies over time.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 7 5
Year 10 7 5
Year 20 7 5

Supply Chain Analyst (Atlanta, GA)

Age: 29 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 6.0 years

Commonness: 8/20

Statement of Opinion:

  • The impact will depend on how new measures are integrated into existing supply chain procedures.
  • If disruptions are minimized, the long-term perspective seems advantageous.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 8 6
Year 10 9 6
Year 20 9 6

Economic Policy Researcher (San Francisco, CA)

Age: 44 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • I see this as a positive move to solidify economic security strategies by aligning trade security with policy.
  • The specifics will determine true effectiveness, but conceptually it strengthens our national stance.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 9 8
Year 5 9 8
Year 10 10 8
Year 20 10 8

Trade Affairs Consultant (Boston, MA)

Age: 61 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 6/20

Statement of Opinion:

  • From what I see, the council could provide actionable insights that are currently lacking in trade policies.
  • I'm cautiously optimistic about the actual on-ground changes it might bring.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Cost Estimates

Year 1: $30000000 (Low: $20000000, High: $40000000)

Year 2: $31000000 (Low: $21000000, High: $41000000)

Year 3: $32000000 (Low: $22000000, High: $42000000)

Year 5: $34000000 (Low: $24000000, High: $44000000)

Year 10: $38000000 (Low: $28000000, High: $48000000)

Year 100: $50000000 (Low: $40000000, High: $60000000)

Key Considerations