Policy Impact Analysis - 117/S/5156

Bill Overview

Title: Fairness for American Victims of State-Sponsored Terrorism Act

Description: This bill authorizes and provides funding for additional payments from the U.S. Victims of State Sponsored Terrorism Fund. Specifically, the bill (1) provides lump-sum catch-up payments from the fund to 9/11 victims and their families; and (2) makes victims of the 1983 bombing of the U.S. Marine Corps barracks in Beirut and their families eligible for lump-sum catch-up payments from the fund. The bill also rescinds specified unobligated funds that were provided for (1) the Small Business Administration's Paycheck Protection Program, and (2) emergency rental assistance.

Sponsors: Sen. Cotton, Tom [R-AR]

Target Audience

Population: Victims of state-sponsored terrorism and their families

Estimated Size: 9000

Reasoning

Simulated Interviews

Teacher (New York City, NY)

Age: 35 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • This fund will really help my family get back some stability we've lost over the years.
  • Financially, things have been tight, so this assistance is significant.

Wellbeing Over Time (With vs Without Policy)

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

Retired Military (Los Angeles, CA)

Age: 60 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • I'm glad the government is finally recognizing us. It's a step in the right direction.
  • This fund relieves some financial strains associated with my friend's families, but it took too long.

Wellbeing Over Time (With vs Without Policy)

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

Government Employee (Washington, D.C.)

Age: 50 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 1.0 years

Commonness: 8/20

Statement of Opinion:

  • I understand the need to support victims, but taking money from emergency renters will be controversial.
  • The redirected funds might cause short-term rental crises, affecting many vulnerable families.

Wellbeing Over Time (With vs Without Policy)

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

Small Business Owner (Denver, CO)

Age: 28 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 10/20

Statement of Opinion:

  • It seems fair to support those in need, but my business relies on PPP as well.
  • The trickle-down effect of losing such funds could be challenging for many small businesses.

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 6
Year 10 6 6
Year 20 6 6

Firefighter (Chicago, IL)

Age: 42 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 7/20

Statement of Opinion:

  • Finally seeing some recognition and financial help for what we've been through.
  • This helps ease the burden on my family.

Wellbeing Over Time (With vs Without Policy)

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

College Student (Boston, MA)

Age: 22 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 0.0 years

Commonness: 12/20

Statement of Opinion:

  • It's good that they are providing financial aid to these families, but I worry about cuts to educational funding in the future.
  • I hope this doesn't mean less support for students like me relying on federal aid.

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

Accountant (Houston, TX)

Age: 48 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy helps in mitigating the long-lasting impact of that tragedy.
  • It's a long time coming, but it's appreciated.

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 5 5
Year 20 5 5

Retired Nurse (Philadelphia, PA)

Age: 65 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 4/20

Statement of Opinion:

  • It's relieving to see healthcare and financial support for us.
  • This sort of help is crucial, albeit late.

Wellbeing Over Time (With vs Without Policy)

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

Real Estate Agent (Miami, FL)

Age: 31 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 1.0 years

Commonness: 15/20

Statement of Opinion:

  • While I sympathize with the beneficiaries, the policy changes in funding might affect real estate markets owing to shifts in renter habits.
  • It's good that people are getting help, though I hope the broad economy doesn't suffer.

Wellbeing Over Time (With vs Without Policy)

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

Manufacturing Engineer (Detroit, MI)

Age: 40 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • This helps my wife’s family immensely. It shows some level of government accountability.
  • I wish more comprehensive law included others indirectly affected.

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 5 5
Year 10 5 5
Year 20 5 5

Cost Estimates

Year 1: $600000000 (Low: $500000000, High: $700000000)

Year 2: $600000000 (Low: $500000000, High: $700000000)

Year 3: $600000000 (Low: $500000000, High: $700000000)

Year 5: $600000000 (Low: $500000000, High: $700000000)

Year 10: $500000000 (Low: $400000000, High: $600000000)

Year 100: $300000000 (Low: $200000000, High: $400000000)

Key Considerations