Policy Impact Analysis - 117/S/5277

Bill Overview

Title: Fair Elections Now Act of 2022

Description: of 2022 This bill establishes the Freedom from Influence Fund, which shall provide funding to Senate candidates who meet specified conditions and agree to abide by certain requirements, such as limits on types of campaign funding sources. The bill also imposes a tax on certain U.S. government contracts.

Sponsors: Sen. Durbin, Richard J. [D-IL]

Target Audience

Population: People in the United States

Estimated Size: 330000000

Reasoning

Simulated Interviews

Senate Candidate (Washington, D.C.)

Age: 52 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • Potentially levels the playing field for new candidates.
  • Worried about fundraising under new limits.

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 9 5
Year 20 8 4

Political Strategist (Atlanta, GA)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 3/20

Statement of Opinion:

  • This could change campaign strategies significantly.
  • Might reduce reliance on social media heavy funding drives.

Wellbeing Over Time (With vs Without Policy)

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

Small Business Owner (Phoenix, AZ)

Age: 38 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 3/20

Statement of Opinion:

  • Increased taxes might strain my business.
  • But supportive of fair elections principles.

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 5
Year 20 6 4

Retired (Des Moines, IA)

Age: 60 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • Hopes more candidates will focus on issues rather than funding.
  • Skeptical about enforcement of fund rules.

Wellbeing Over Time (With vs Without Policy)

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

Activist (Seattle, WA)

Age: 29 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • This act could be a huge success for fair elections.
  • Excited but critical about actual outcomes.

Wellbeing Over Time (With vs Without Policy)

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

Lobbyist (Dallas, TX)

Age: 40 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 2/20

Statement of Opinion:

  • Clients are worried about new donation rules.
  • Unsure how existing influence networks will adapt.

Wellbeing Over Time (With vs Without Policy)

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

Banker (Chicago, IL)

Age: 50 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • New regulations might limit our business model.
  • May open up new, transparent financial services.

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 5
Year 10 7 5
Year 20 6 4

College Professor (New York, NY)

Age: 62 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • Important step forward if correctly implemented.
  • Worried about legal loopholes exploited by well-funded candidates.

Wellbeing Over Time (With vs Without Policy)

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

Software Engineer (Boulder, CO)

Age: 33 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 3/20

Statement of Opinion:

  • Interested to see technology adapt to new campaign finance laws.
  • Concerned about reduced transparency from independent groups.

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 6 6
Year 10 6 6
Year 20 6 5

Government Contractor (Miami, FL)

Age: 57 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 2/20

Statement of Opinion:

  • New taxes could impact bottom line but see the value in fairer elections.
  • Believes in transparent documentation of election funding.

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 6 5
Year 20 6 5

Cost Estimates

Year 1: $40000000 (Low: $30000000, High: $50000000)

Year 2: $45000000 (Low: $35000000, High: $60000000)

Year 3: $47000000 (Low: $37000000, High: $65000000)

Year 5: $48000000 (Low: $38000000, High: $70000000)

Year 10: $50000000 (Low: $40000000, High: $75000000)

Year 100: $60000000 (Low: $50000000, High: $85000000)

Key Considerations