Policy Impact Analysis - 117/HR/8007

Bill Overview

Title: Stop Price Gouging the Military Act

Description: This bill modifies Department of Defense acquisitions and negotiation processes to address transparency and pricing, including by requiring contractors to provide cost or pricing information for cost-reimbursement contracts, regardless of the number of offers.

Sponsors: Rep. Garamendi, John [D-CA-3]

Target Audience

Population: People affected by changes in US military expenditures

Estimated Size: 300000000

Reasoning

Simulated Interviews

Defense Contractor (San Diego, CA)

Age: 39 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • As a defense contractor, I'm worried about new compliance costs but believe some transparency can be good.
  • My firm's contracts could become less profitable or be reduced, impacting job security.

Wellbeing Over Time (With vs Without Policy)

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

Aerospace Engineer (Huntsville, AL)

Age: 28 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 7/20

Statement of Opinion:

  • I support fair pricing policies, but there's fear of stricter scrutiny slowing projects.
  • My job security feels stable, but any cuts could affect our department's growth.

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 7
Year 10 8 7
Year 20 9 8

Military spouse (Norfolk, VA)

Age: 46 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • Improved budget efficiency should mean better resources for my husband's job.
  • I'm cautiously optimistic but haven't seen much change personally yet.

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 6 5
Year 10 7 6
Year 20 8 7

Pentagon Analyst (Arlington, VA)

Age: 52 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • Higher transparency could streamline procurement but risks slowing decision processes.
  • In the long run, it might mean better funds allocation which I support.

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 7
Year 10 8 7
Year 20 9 7

Supply Chain Manager for Defense Contractor (Houston, TX)

Age: 34 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • Changes might increase paperwork but better pricing helps sustain long term contracts.
  • Our efficiency could ultimately improve.

Wellbeing Over Time (With vs Without Policy)

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

Retired Military (Fayetteville, NC)

Age: 60 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 8/20

Statement of Opinion:

  • If efficiency gains lead to better resource allocation, it’s positive for all.
  • I'm not directly affected by contracts but any pension risks concern me.

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 8 6

Public School Teacher (Rochester, NY)

Age: 50 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 0.0 years

Commonness: 10/20

Statement of Opinion:

  • While military spending is crucial, I'd like to see savings redirected to public services.
  • I don't think I'll feel a big difference personally.

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

Graduate Student in Public Policy (Seattle, WA)

Age: 25 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 11/20

Statement of Opinion:

  • Policy aligns with the kind of transparency needed across many sectors.
  • It's a positive academic example but minimal personal effect.

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

Defense Consultant (Colorado Springs, CO)

Age: 41 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • Ensuring cost transparency is critical for long-term sustainability of defense projects.
  • This policy could increase the demand for my consultancy services.

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 9 8
Year 20 9 8

Taxpayer (Columbus, OH)

Age: 45 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 0.0 years

Commonness: 12/20

Statement of Opinion:

  • While I'm interested in better federal budget use, I doubt I'll see much change.
  • Military spending changes rarely trickle down obviously to daily life.

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

Year 2: $30000000 (Low: $25000000, High: $35000000)

Year 3: $30000000 (Low: $25000000, High: $35000000)

Year 5: $20000000 (Low: $15000000, High: $25000000)

Year 10: $15000000 (Low: $10000000, High: $20000000)

Year 100: $5000000 (Low: $3000000, High: $7000000)

Key Considerations