Policy Impact Analysis - 117/HR/7340

Bill Overview

Title: To provide for congressional oversight of certain sanctions imposed with respect to the Russian Federation.

Description: This bill requires the President to determine, within 60 days of receiving a request from Congress, whether a person (individual or entity) described in the request meets the criteria to be subject to sanctions imposed in two specified executive orders relating to Russia. The executive orders, dated April 19, 2021, and August 24, 2021, impose sanctions for certain activities including (1) efforts by Russia's government to undermine U.S. elections and democratic institutions, and (2) the construction of specified Russian energy pipelines. The determination must also state whether the President has imposed or intends to impose sanctions on any person described in such a request from Congress.

Sponsors: Rep. Meuser, Daniel [R-PA-9]

Target Audience

Population: Individuals and entities involved with activities leading to U.S. sanctions on Russia.

Estimated Size: 500

Reasoning

Simulated Interviews

Investment Banker (New York, NY)

Age: 45 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 3/20

Statement of Opinion:

  • I understand the importance of these sanctions for national security.
  • The policy could complicate some of our dealings and may require adjustments.

Wellbeing Over Time (With vs Without Policy)

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

Oil and Gas Analyst (Houston, TX)

Age: 30 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • Sanctions could hinder some strategic partnerships we've been developing.
  • Overall, it might lead to a reassessment of our international strategy.

Wellbeing Over Time (With vs Without Policy)

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

Tech Entrepreneur (San Francisco, CA)

Age: 29 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 5/20

Statement of Opinion:

  • We're not directly involved with Russia, but the ripple effects could affect global market stability.
  • We'll keep monitoring the situation closely.

Wellbeing Over Time (With vs Without Policy)

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

Retired (Miami, FL)

Age: 55 | Gender: female

Wellbeing Before Policy: 9

Duration of Impact: 3.0 years

Commonness: 6/20

Statement of Opinion:

  • I rely on my investments for stable income, so any international disruption is concerning.
  • However, I trust that these measures are in the country's best interest.

Wellbeing Over Time (With vs Without Policy)

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

Lobbyist (Washington, D.C.)

Age: 38 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 4/20

Statement of Opinion:

  • This policy introduces new dynamics in international negotiations.
  • It increases my workload but also the complexity of our advocacy efforts.

Wellbeing Over Time (With vs Without Policy)

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

Energy Sector Executive (Dallas, TX)

Age: 47 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 8.0 years

Commonness: 3/20

Statement of Opinion:

  • Although it might hinder some transactions, national security is crucial.
  • We'll need to find alternative markets now.

Wellbeing Over Time (With vs Without Policy)

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

Human Rights Activist (Chicago, IL)

Age: 40 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 1.0 years

Commonness: 5/20

Statement of Opinion:

  • These sanctions bring attention to important issues in the region.
  • It might help with our advocacy on political reforms.

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 8 6
Year 20 9 7

Graduate Student (Boston, MA)

Age: 24 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 8/20

Statement of Opinion:

  • It's an intriguing case study for my research topics.
  • I doubt there will be direct personal consequences.

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 8
Year 10 9 9
Year 20 9 9

Retired Business Consultant (Seattle, WA)

Age: 63 | Gender: female

Wellbeing Before Policy: 9

Duration of Impact: 3.0 years

Commonness: 5/20

Statement of Opinion:

  • As long as businesses are well-advised, they can navigate these changes successfully.
  • It might mean increased advisory needs temporarily.

Wellbeing Over Time (With vs Without Policy)

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

Entertainment Industry Executive (Los Angeles, CA)

Age: 52 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 1.0 years

Commonness: 6/20

Statement of Opinion:

  • Unlikely to see significant impacts, but it's important for global industry relations.
  • We'll adapt and plan for any potential unseen repercussions.

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 8
Year 20 8 8

Cost Estimates

Year 1: $2000000 (Low: $1000000, High: $3000000)

Year 2: $2000000 (Low: $1000000, High: $3000000)

Year 3: $2000000 (Low: $1000000, High: $3000000)

Year 5: $2000000 (Low: $1000000, High: $3000000)

Year 10: $2000000 (Low: $1000000, High: $3000000)

Year 100: $2000000 (Low: $1000000, High: $3000000)

Key Considerations