The substitute bill, sponsored by House Minority Whip Eric Cantor of Virginia and Rep. Dave Camp of Michigan, ranking Republican on the House Ways and Means Committee, would create 6.2 million jobs through 2010, according to its Republican backers, compared with just 3.2 million jobs claimed under the House Democratic bill to be voted on Wednesday evening.

Democrats rejected the analysis, saying the plan’s reliance on tax cuts amounted to the same old song we always hear from Republicans, according to Rep. Richard E. Neal, Massachusetts Democrat.

But the analysis by the Ways and Means Republican staff relied on a formula used by Christina Romer, chair of Mr. Obama’s Council of Economic Advisers, to estimate that Republican-backed tax cuts of nearly $400 billion over the next few years would produce at least a 6.1 percent increase in GDP.

http://washingtontimes.com/news/2009/jan/28/republicans-say-their-plan-better-jobs-machine/

Using a jobs formula endorsed by Mrs. Romer and Jared Bernstein, now Vice President Joseph R. Biden Jr.’s top economic aide, that GDP boost translates into 6.2 million jobs over two years.