print-only banner
The White House Skip Main Navigation
In Focus
News by Date
Federal Facts
West Wing

 Home > News & Policies > April 2003

Excerpts from the Press Briefing by Ari Fleischer, April 24, 2003 (Full Transcript)

QUESTION: Ari, the $550 billion would create 1.4 million jobs -- is that the --

MR. FLEISCHER: You have a factsheet that has the figures on there. I don't want to do it off the top of my head, but I think you have that on the factsheet.

QUESTION: I'm just curious -- what would $350 billion -- how many jobs would $350 billion create? Have you guys made a calculation?

MR. FLEISCHER: What I recall from the Counsel of Economic Advisors -- and I want to reserve the right to correct the transcript on this -- what I recall is they estimated that it would be some either 350,000 or 450,000* fewer jobs to have a tax cut of $350 billion versus $550 billion.