Policy Impact Analysis - 117/S/4682

Bill Overview

Title: Defense Production Oversight Act of 2022

Description: This bill authorizes Congress to nullify the President's invocation of authorities under the Defense Production Act of 1950 by enacting a joint resolution disapproving of the invocation. It also outlines procedures for the consideration of the joint resolution. (The Defense Production Act of 1950 confers upon the President a broad set of authorities to influence domestic industry in order to provide essential materials and goods needed for the national defense.)

Sponsors: Sen. Marshall, Roger [R-KS]

Target Audience

Population: People involved or reliant on industries influenced by the Defense Production Act of 1950

Estimated Size: 5000000

Reasoning

Simulated Interviews

Steel Worker (Virginia)

Age: 45 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • I am a bit worried that any changes might reduce the demand for our products.
  • I hope this doesn't mean job cuts.

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 6 7
Year 20 7 8

Electronics Manufacturer (Texas)

Age: 38 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 12/20

Statement of Opinion:

  • As long as the orders keep coming, I'm not too concerned.
  • There might be some shifts in demand, but I'm confident we'll adapt.

Wellbeing Over Time (With vs Without Policy)

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

Tech Engineer (California)

Age: 29 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 1.0 years

Commonness: 10/20

Statement of Opinion:

  • Changes could slow down projects if there are more uncertainties around funding.
  • Overall, I think we'll manage fine.

Wellbeing Over Time (With vs Without Policy)

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

Defense Contractor Executive (New York)

Age: 52 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 6.0 years

Commonness: 5/20

Statement of Opinion:

  • This could streamline new directives if managed well, but there is a risk of bureaucratic slow-downs.
  • We'll have to keep a close eye on any legislative changes.

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 10
Year 10 9 10
Year 20 9 10

Union Representative (Ohio)

Age: 60 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 7/20

Statement of Opinion:

  • My main concern is protecting the jobs of our union members.
  • We'll have to negotiate carefully if order volumes decline.

Wellbeing Over Time (With vs Without Policy)

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

Logistics Coordinator (Illinois)

Age: 27 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 15/20

Statement of Opinion:

  • Potential changes may increase bureaucracy in scheduling.
  • I trust our team can handle it, but it'll require focus.

Wellbeing Over Time (With vs Without Policy)

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

Energy Sector Engineer (Alabama)

Age: 33 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • Any disruption in the directives might delay projects.
  • Staying prepared for changes is essential.

Wellbeing Over Time (With vs Without Policy)

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

Commercial Supplier (Florida)

Age: 41 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 4/20

Statement of Opinion:

  • I hope the policy doesn't reduce material orders.
  • We may see tougher competition.

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 7 8
Year 10 8 8
Year 20 8 9

Academic Researcher (Colorado)

Age: 50 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 0.0 years

Commonness: 18/20

Statement of Opinion:

  • This is an interesting development that could have significant ramifications for how quickly policies can be implemented.
  • For researchers like me, it’s a positive opportunity to study the impacts.

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

Small Business Owner (Pennsylvania)

Age: 36 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 4.0 years

Commonness: 14/20

Statement of Opinion:

  • I'm wary of what could happen if orders slow down, but we've survived ups and downs before.
  • We'll likely need to diversify more.

Wellbeing Over Time (With vs Without Policy)

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

Cost Estimates

Year 1: $5000000 (Low: $3000000, High: $7000000)

Year 2: $5100000 (Low: $3060000, High: $7140000)

Year 3: $5202000 (Low: $3121200, High: $7282800)

Year 5: $5412080 (Low: $3247248, High: $7576912)

Year 10: $5965740 (Low: $3579444, High: $8352036)

Year 100: $96896484 (Low: $58137891, High: $135655077)

Key Considerations