Learning Resources, Inc. v. Trump · ¶41

The “ `economic and political significance' ” of the authority the President has asserted likewise “provide[s] a `reason to hesitate before concluding that Congress' meant to confer such authority.” West Virginia, 597 U. S., at 721 (quoting Brown & Williamson, 529 U. S., at 159–160). The President's assertion here of broad “statutory power over the national economy” is “extravagant” by any measure. Utility Air, 573 U. S., at 324. And as the Government admits—indeed, boasts—the economic and political consequences of the IEEPA tariffs are astonishing. The Government points to projections that the tariffs will reduce the national defcit by $4 trillion, and that international agreements reached in reliance on the tariffs could be worth $15 trillion. Brief for Federal Parties 3, 11. In the President's view, whether “we are a rich nation” or a “poor” one hangs in the balance. Id., at 2. These…

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