Bill Overview
Title: DICTATOR Act of 2022
Description: This bill requires the Department of State to report to Congress on entities in China that assist or have assisted Russia's efforts to evade sanctions imposed by the United States following Russia's invasion of Ukraine. The bill also requires the relevant federal agencies to brief Congress on U.S. efforts to (1) identify and sanction such entities, and (2) economically isolate Russia from outside support and economic assistance from China.
Sponsors: Rep. Kim, Young [R-CA-39]
Target Audience
Population: People in China and Russia directly involved in trade or economic dealings related to the entities isolated by the bill
Estimated Size: 10000
- The bill requires reporting and investigations on entities in China assisting Russia in evading U.S. sanctions.
- Economic sanctions on Russia and actions against Chinese entities can cause repercussions on individuals and businesses in China and Russia.
- More global economic impact as countries may adjust trade and economic strategies in response.
- U.S. citizens might be economically affected by broader economic impacts, but only indirectly unless they have direct dealings with the sanctioned entities.
Reasoning
- Only a small segment of the U.S. population will be directly impacted by this policy, mostly those involved in international business or trade with China and Russia.
- The policy budget is relatively small compared to the total U.S. economy, limiting direct impact to Americans.
- Most American citizens will experience the policy's effects indirectly through potential market fluctuations or international relations changes, which could affect global supply chains and trade dynamics.
- Individuals with personal connections or businesses heavily invested or reliant on the affected Chinese or Russian entities may notice changes in their economic wellbeing.
Simulated Interviews
International Trade Analyst (New York, NY)
Age: 48 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 5.0 years
Commonness: 4/20
Statement of Opinion:
- I'm worried about how this legislation could impact the businesses I advise.
- If my clients' operations in China and Russia are hampered, it could affect my primary source of income.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 5 | 6 |
| Year 2 | 5 | 7 |
| Year 3 | 6 | 7 |
| Year 5 | 6 | 7 |
| Year 10 | 7 | 8 |
| Year 20 | 8 | 9 |
Tech Entrepreneur (San Francisco, CA)
Age: 33 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 3.0 years
Commonness: 3/20
Statement of Opinion:
- The policy could disrupt my supply chain in China and diminish our market reach in Russia.
- It's crucial to evaluate alternative suppliers in anticipation of changes.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 7 |
| Year 2 | 7 | 8 |
| Year 3 | 8 | 9 |
| Year 5 | 8 | 9 |
| Year 10 | 9 | 9 |
| Year 20 | 9 | 9 |
Economics Professor (Chicago, IL)
Age: 54 | Gender: male
Wellbeing Before Policy: 8
Duration of Impact: 0.0 years
Commonness: 5/20
Statement of Opinion:
- The act serves as a critical case study for my students.
- I don't anticipate any personal impact apart from academic interest.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 8 | 8 |
| Year 3 | 8 | 8 |
| Year 5 | 8 | 8 |
| Year 10 | 8 | 9 |
| Year 20 | 9 | 9 |
Environmental Consultant (Seattle, WA)
Age: 29 | Gender: female
Wellbeing Before Policy: 6
Duration of Impact: 1.0 years
Commonness: 7/20
Statement of Opinion:
- I don't expect significant changes, but funding delays could occur if my projects are assessed in light of these new regulations.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 6 |
| Year 2 | 6 | 6 |
| Year 3 | 6 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 8 | 8 |
| Year 20 | 8 | 9 |
Software Developer (Austin, TX)
Age: 41 | Gender: other
Wellbeing Before Policy: 7
Duration of Impact: 2.0 years
Commonness: 8/20
Statement of Opinion:
- My work is software-based, so direct impacts are limited.
- However, client companies could face operational obstacles in Russia, potentially affecting us.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 7 |
| Year 2 | 6 | 7 |
| Year 3 | 7 | 8 |
| Year 5 | 7 | 8 |
| Year 10 | 8 | 8 |
| Year 20 | 8 | 9 |
Retired (Miami, FL)
Age: 65 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 0.0 years
Commonness: 12/20
Statement of Opinion:
- I'm mostly retired, so I don't foresee major personal changes.
- I'll monitor this policy's effects through economic news more than anything else.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 7 | 8 |
| Year 3 | 7 | 8 |
| Year 5 | 8 | 8 |
| Year 10 | 8 | 8 |
| Year 20 | 8 | 9 |
Film Producer (Los Angeles, CA)
Age: 38 | Gender: male
Wellbeing Before Policy: 8
Duration of Impact: 2.0 years
Commonness: 6/20
Statement of Opinion:
- I'm unconvinced that there'll be direct impacts on film production in the short term.
- Nevertheless, geopolitical tensions can impact artistic collaborations internationally.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 8 | 8 |
| Year 3 | 8 | 9 |
| Year 5 | 8 | 9 |
| Year 10 | 8 | 9 |
| Year 20 | 9 | 9 |
Automobile Manufacturer Executive (Detroit, MI)
Age: 45 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 4.0 years
Commonness: 3/20
Statement of Opinion:
- The legislation might pressure our supply chain to a minor extent, especially with Chinese parts suppliers.
- We'll closely monitor and adjust our strategy as needed.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 7 |
| Year 2 | 6 | 7 |
| Year 3 | 7 | 7 |
| Year 5 | 8 | 8 |
| Year 10 | 8 | 9 |
| Year 20 | 9 | 9 |
Engineer with Energy Company (Houston, TX)
Age: 27 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 3.0 years
Commonness: 4/20
Statement of Opinion:
- Understandably, international policies like DICTATOR Act alter operational priorities.
- I'll stay alert to how it may alter our partnerships, though no immediate change is evident.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 5 | 6 |
| Year 2 | 5 | 6 |
| Year 3 | 6 | 6 |
| Year 5 | 6 | 7 |
| Year 10 | 7 | 8 |
| Year 20 | 7 | 8 |
Policy Analyst (Washington, DC)
Age: 60 | Gender: male
Wellbeing Before Policy: 9
Duration of Impact: 0.0 years
Commonness: 10/20
Statement of Opinion:
- It's crucial to evaluate the broader geopolitical impact rather than focusing exclusively on individual economic changes.
- The policy's enactment provides fresh fodder for professional analysis rather than personal concern.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 9 | 9 |
| Year 2 | 9 | 9 |
| Year 3 | 9 | 9 |
| Year 5 | 9 | 9 |
| Year 10 | 9 | 9 |
| Year 20 | 9 | 9 |
Cost Estimates
Year 1: $15000000 (Low: $10000000, High: $20000000)
Year 2: $15000000 (Low: $10000000, High: $20000000)
Year 3: $15000000 (Low: $10000000, High: $20000000)
Year 5: $15000000 (Low: $10000000, High: $20000000)
Year 10: $15000000 (Low: $10000000, High: $20000000)
Year 100: $15000000 (Low: $10000000, High: $20000000)
Key Considerations
- Effectiveness of sanctions and measures on altering behavior of Chinese or Russian entities.
- Potential diplomatic repercussions between the U.S., China, and Russia.
- The feasibility and cost-effectiveness of implementing new reporting and sanctioning requirements.