Policy Impact Analysis - 117/HR/7252

Bill Overview

Title: Federal Government Advertising Equity Accountability Act

Description: This bill requires the President to include information in each budget regarding executive agency expenditures for advertising services, including expenditures for the advertising services of socially and economically disadvantaged small businesses and of women and minority-owned businesses.

Sponsors: Del. Norton, Eleanor Holmes [D-DC-At Large]

Target Audience

Population: Owners and employees of socially and economically disadvantaged small businesses, including women and minority-owned businesses

Estimated Size: 700000

Reasoning

Simulated Interviews

Owner of a minority-owned marketing agency (Los Angeles, CA)

Age: 32 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • The policy could open up opportunities for us to compete more fairly for government contracts.
  • I am hopeful it will create a level playing field.

Wellbeing Over Time (With vs Without Policy)

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

Employee at a woman-owned digital media firm (Atlanta, GA)

Age: 45 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 15/20

Statement of Opinion:

  • I think this policy might help in bringing more business to our firm, which means job security for employees like me.
  • It's good to see the government addressing disparities in contract awards.

Wellbeing Over Time (With vs Without Policy)

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

Owner of a woman-owned consulting firm (New York, NY)

Age: 29 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • This initiative might make it easier for smaller firms to bid on government projects.
  • Greater transparency is always welcome; it could help us expand.

Wellbeing Over Time (With vs Without Policy)

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

Owner of a family-owned retail business (Houston, TX)

Age: 50 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 13/20

Statement of Opinion:

  • I feel distant from this policy as my business doesn't directly rely on government contracts.
  • However, indirect benefits might arise if more local businesses thrive due to this policy.

Wellbeing Over Time (With vs Without Policy)

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

Owner of a minority-owned tech startup (Chicago, IL)

Age: 38 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 9/20

Statement of Opinion:

  • The policy seems beneficial, but I'm skeptical about its actual influence on startups in technology.
  • Government projects are competitive; hence true impact would require significant improvements in our positioning.

Wellbeing Over Time (With vs Without Policy)

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

Employee at a minority-owned manufacturing firm (Miami, FL)

Age: 54 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 12/20

Statement of Opinion:

  • I believe government transparency can only help improve business offers, indirectly benefiting employees like me.
  • The time frame for observing tangible benefits may be long.

Wellbeing Over Time (With vs Without Policy)

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

Owner of a Latino-owned food startup (San Francisco, CA)

Age: 41 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 11/20

Statement of Opinion:

  • This policy is a positive step, but its relevance to my industry is indirect.
  • I hope this induces more government involvement in diverse industries.

Wellbeing Over Time (With vs Without Policy)

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

Employee at a women-owned logistics company (Detroit, MI)

Age: 46 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 14/20

Statement of Opinion:

  • More equitable distribution of contracts could bring more work to us, promoting longer-term job security.
  • I am optimistic but realistic about potential delays in policy impact.

Wellbeing Over Time (With vs Without Policy)

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

Owner of a small minority-owned IT services company (Seattle, WA)

Age: 33 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • The visibility on government spending could indirectly improve opportunities for us over time.
  • Immediate impacts on technology firms might not be demonstrative.

Wellbeing Over Time (With vs Without Policy)

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

Owner of a woman-owned boutique (New Orleans, LA)

Age: 27 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 15/20

Statement of Opinion:

  • Our business operations have little interaction with government advertising, but broader economic improvements could help.
  • I'm cautious about assuming the policy's effect but hopeful.

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

Cost Estimates

Year 1: $2000000 (Low: $1500000, High: $2500000)

Year 2: $2000000 (Low: $1500000, High: $2500000)

Year 3: $2000000 (Low: $1500000, High: $2500000)

Year 5: $2500000 (Low: $2000000, High: $3000000)

Year 10: $3000000 (Low: $2500000, High: $3500000)

Year 100: $3000000 (Low: $2500000, High: $3500000)

Key Considerations