Amtrak auto transport: SCOTUS divided at census arguments

The U.S International Trade Commission was a lot less optimistic last week about USMCA’s projected five-year job gain, predicting the creation of only 28,000 auto industry jobs, and 176,000 new jobs across the economy. On Tuesday, White House chief economic adviser Larry Kudlow met this challenge, POLITICO’s Doug Palmer reports, by overstating the USITC’s number by a factor of nearly five. "They came out with about $68 billion increase in GDP and I think seven or 800,000 jobs," Kudlow said during a speech at the National Press Club. "I’ll call it a million just to round it up." Kudlow got the GDP estimate right, but 176,000 does not round up to a million, even if you squint. A White House official said Kudlow was using the USITC’s high-range estimate (which was 588,900). But later in the day, Susan Varga, chief of staff on the National Economic Council, said Kudlow recognized that he misspoke and wanted to set the record straight. "He meant to say ‘between 170,000 and 180,000 new jobs’ (not 7 or 800,000 jobs). He stands corrected," Varga wrote. More from POLITICO on USCMA’s potential gains here . More from Palmer here .

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