Policy Impact Analysis - 117/HR/6367

Bill Overview

Title: Guaranteeing Ukrainian Autonomy by Reinforcing its Defense (GUARD) Act of 2022

Description: This bill provides support for Ukraine and imposes sanctions related to Nord Stream 2, the pipeline constructed to increase exports of natural gas from Russia. The Department of State must periodically report to Congress a determination as to whether Russia's government meets the criteria to be designated a state sponsor of terrorism. The bill authorizes the State Department to provide Foreign Military Financing assistance to Ukraine in FY2022. The bill also authorizes providing Ukraine with lethal assistance, such as anti-armor weapon systems and anti-aircraft weapons systems. From FY2022-FY2026, Ukraine shall have priority access to excess defense articles. During the same time period, the bill also authorizes providing Ukraine with assistance, including (1) International Military Education and Training assistance; (2) assistance to strengthen cybersecurity and intellectual property enforcement; (3) support and training for banking reform, subsidy reform, corporate governance, and the privatization of state-owned enterprises; and (4) assistance to combat corruption and improve the rule of law. Within 15 days of this bill's enactment, the President must impose sanctions on any entity responsible for planning, constructing, or operating Nord Stream 2, as well as any corporate officer of such an entity. The bill also subjects the President's authority to waive certain sanctions to congressional review. The U.S. Agency for Global Media may expand broadcasting in countries of the former Soviet Union to combat Russian disinformation. The bill requires reports to Congress on various topics, including a strategy on using U.S. diplomacy to support Ukraine.

Sponsors: Rep. McCaul, Michael T. [R-TX-10]

Target Audience

Population: People in Ukraine, Russia, European countries, United States

Estimated Size: 331000000

Reasoning

Simulated Interviews

Defense Contractor (Washington D.C.)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 2/20

Statement of Opinion:

  • As someone working in defense, this bill likely sustains my industry which is reassuring, although I am cautious about fiscal spendings on foreign aid.

Wellbeing Over Time (With vs Without Policy)

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

Natural Gas Trader (New York City, NY)

Age: 34 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 5/20

Statement of Opinion:

  • While the sanctions might create volatility, they also present market opportunities. It's a dynamic situation I need to manage daily.

Wellbeing Over Time (With vs Without Policy)

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

Environmental Activist (Los Angeles, CA)

Age: 29 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • I'm disappointed that the focus is still on fossil fuel geopolitics rather than shifting entirely to renewable energy initiatives.

Wellbeing Over Time (With vs Without Policy)

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

Oil and Gas Executive (Houston, TX)

Age: 55 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy is challenging for our business, raising concerns about future project viability and market dynamics.

Wellbeing Over Time (With vs Without Policy)

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

Software Engineer (Austin, TX)

Age: 38 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 10/20

Statement of Opinion:

  • Efforts to strengthen cybersecurity in an international context are good, might lead to more job opportunities in my field.

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 7 6
Year 10 7 6
Year 20 7 6

College Professor (Miami, FL)

Age: 40 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 8/20

Statement of Opinion:

  • This policy provides an interesting case for geopolitical strategy and its influence on international relationships.

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

Retired (Columbus, OH)

Age: 67 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 15/20

Statement of Opinion:

  • I feel discouraged every time I hear about military aid spending. I worry about its impact on our national debt.

Wellbeing Over Time (With vs Without Policy)

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

Journalist (San Francisco, CA)

Age: 28 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 9/20

Statement of Opinion:

  • This provides rich content for reporting on international relations and will keep my work busy and relevant.

Wellbeing Over Time (With vs Without Policy)

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

Public School Teacher (Chicago, IL)

Age: 50 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 0.0 years

Commonness: 12/20

Statement of Opinion:

  • It's important for students to understand these global dynamics, and this policy is a good case study.

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 6 6
Year 10 6 6
Year 20 6 6

Small Business Owner (Seattle, WA)

Age: 33 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 11/20

Statement of Opinion:

  • Any shift in energy prices due to geopolitical tensions can affect my business costs, though indirectly.

Wellbeing Over Time (With vs Without Policy)

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

Cost Estimates

Year 1: $1500000000 (Low: $1000000000, High: $2000000000)

Year 2: $1000000000 (Low: $800000000, High: $1500000000)

Year 3: $800000000 (Low: $600000000, High: $1200000000)

Year 5: $600000000 (Low: $500000000, High: $1000000000)

Year 10: $100000000 (Low: $80000000, High: $200000000)

Year 100: $100000000 (Low: $50000000, High: $150000000)

Key Considerations