Policy Impact Analysis - 117/HR/9224

Bill Overview

Title: Protecting Wages of Essential Workers Act of 2022

Description: This bill expands the federal restriction on the garnishment of wages to protect from any garnishment the first $1,000 of an individual's weekly disposable earnings.

Sponsors: Rep. Adams, Alma S. [D-NC-12]

Target Audience

Population: Individuals globally subject to wage garnishment

Estimated Size: 60000000

Reasoning

Simulated Interviews

Nurse (New York, NY)

Age: 45 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 15/20

Statement of Opinion:

  • This bill is a huge relief. It means I can work without fearing that my whole paycheck will vanish due to garnishments.
  • It gives me a bit more control over my finances and stability for my family.

Wellbeing Over Time (With vs Without Policy)

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

Grocery store clerk (Houston, TX)

Age: 30 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 17/20

Statement of Opinion:

  • This provides some breathing room for me as I try to pay down my debts and raise my kid.
  • I can focus on savings and maybe reduce my working hours.

Wellbeing Over Time (With vs Without Policy)

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

Police Officer (Chicago, IL)

Age: 50 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 12/20

Statement of Opinion:

  • It won't completely change my situation, but protecting a part of my income is certainly valuable.
  • Allows more financial security heading into retirement.

Wellbeing Over Time (With vs Without Policy)

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

Delivery driver (Seattle, WA)

Age: 26 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 14/20

Statement of Opinion:

  • Being able to predict my paycheck helps me plan better for tuition and living expenses.
  • It's like having a financial safety net.

Wellbeing Over Time (With vs Without Policy)

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

Paramedic (Miami, FL)

Age: 39 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 8.0 years

Commonness: 13/20

Statement of Opinion:

  • This policy would ensure I can always pay my mortgage first without worry.
  • It reduces stress immediately.

Wellbeing Over Time (With vs Without Policy)

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

Restaurant cook (Phoenix, AZ)

Age: 33 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 6.0 years

Commonness: 18/20

Statement of Opinion:

  • This could stabilize my weekly income so I can start thinking long term rather than living just month to month.
  • It feels like a chance to get back on my feet.

Wellbeing Over Time (With vs Without Policy)

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

Warehouse worker (Atlanta, GA)

Age: 28 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 7.0 years

Commonness: 16/20

Statement of Opinion:

  • The $1,000 protection helps my family remain stable without fearing complete loss of income.
  • It allows me to take control sooner rather than later.

Wellbeing Over Time (With vs Without Policy)

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

Construction worker (San Francisco, CA)

Age: 42 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 15/20

Statement of Opinion:

  • This is reassuring. Knowing a chunk of my pay is safeguarded changes how I approach bills.
  • I can be more confident in financial commitments.

Wellbeing Over Time (With vs Without Policy)

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

Home health aide (Boston, MA)

Age: 55 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 2.0 years

Commonness: 11/20

Statement of Opinion:

  • I appreciate that this bill guarantees some income to manage late-stage work years.
  • It lets me save a little more for retirement.

Wellbeing Over Time (With vs Without Policy)

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

Public transit operator (Los Angeles, CA)

Age: 48 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 6.0 years

Commonness: 13/20

Statement of Opinion:

  • It means I can plan with the certainty of retaining a substantial part of my income despite debts.
  • Elevates both my personal and financial wellbeing.

Wellbeing Over Time (With vs Without Policy)

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

Cost Estimates

Year 1: $500000000 (Low: $300000000, High: $800000000)

Year 2: $520000000 (Low: $310000000, High: $830000000)

Year 3: $540000000 (Low: $320000000, High: $860000000)

Year 5: $580000000 (Low: $340000000, High: $900000000)

Year 10: $680000000 (Low: $400000000, High: $1050000000)

Year 100: $2300000000 (Low: $1380000000, High: $3450000000)

Key Considerations