Washington, DC – Today, Senator Todd Young (R-IN), along with Senators Michael Bennet (D-CO), Susan Collins (R-ME), and Cory Booker (D-NJ), introduced legislation to expand meaningful social and public health interventions, while driving taxpayer savings.
The Social Impact Partnerships to Pay for Results Act empowers states, local governments, nonprofits, and the private sector to scale up evidence-based interventions that address our nation’s most pressing social and public health challenges. Because social impact partnerships are focused on achieving results, government money is only paid out when desired outcomes are met.
This legislation brings pay-for-performance to the social and public health spheres, allowing the federal government to improve the impact and effectiveness of vital governmental services. Additional technical information is contained in an attached one pager for your reference.
“Too often, Washington focuses on inputs instead of outcomes. Social impact partnerships are an innovative way to help our most vulnerable populations improve their lives through successfully proven programs – and that do so in a fiscally responsible manner,” Young said. “It’s time we shift the focus to achieving desired outcomes, carefully evaluating our social programs, and only paying for what works. Chairman Hatch is a champion on this issue and I look forward to working with him and the committee to advance this innovative legislation.”
“This legislation presents an exciting opportunity to begin addressing persistent challenges in an innovative way,” Bennet said. “Social impact partnerships can improve government services, create greater accountability, and save taxpayer dollars. This bipartisan effort will expand that model across the country, providing early interventions to improve outcomes in health care, education, job training, and much more.”
“We have an obligation to ensure that taxpayer money is used effectively to achieve positive outcomes for those who need assistance. Despite our good intentions and the expenditure of trillions of dollars, however, there has been very little progress in reducing poverty,” said Senator Collins. “By capitalizing on the innovation and investments made through social impact partnerships, our bipartisan legislation would encourage more innovative, successful approaches to help families attain economic stability and achieve the American dream.”
“Social impact partnerships can be a smart approach to funding government programs that revolve around a simple, common-sense idea – invest in what works,” Senator Booker said. “Amid increasing budget constraints at all levels of government, social impact partnerships are an innovative way to maximize resources and deliver real, tangible outcomes for families and communities.”