A newly finalized air quality regulation from President Biden's EPA could cost the U.S. economy up to 1 million jobs, according to the National Association of Manufacturers.
It's really unclear how it's going to wipe out a million jobs.
He does say
"It's not the name that matters. It's the consequences. It's stricter than rules they have even in Europe. And in vast portions of the country, we will barely be able to build new manufacturing facilities as a result," Timmons added.
He does not say that manufacturers will have to cut any current jobs. Or am I missing that?
So, if I'm interpreting this correctly, it seems like up to 1 million forecasted jobs over some indeterminant time will "wiped out".