To investigate this, we applied our natural language processing system to all bills to automatically label the priority placed on a policy area. We then used our machine learning system to exclude bills that we predicted were unlikely to significantly affect companies.
We found that:
- Bipartisan bills have focused on essentials such as food and health care.
- Democrats have focused on emergency costs to consumers and workers.
- Republicans have focused on public housing regulation, sanctions against China, and reducing foreign aid.
- Legislation unrelated to the pandemic continues to be introduced and not acted on. Since February 28th, just 12 non-coronavirus bills likely to affect companies have had any action at all, none more recent than March 26th.
We discuss specific bills, methodology, and more insights in the report linked below.