EX-WHITE HOUSE ECONOMIST SAYS HE WARNED TRUMP ABOUT PANDEMIC

Former Trump administration economist Todas Philipson told CNN Business on Friday (Saturday, July 18, 2020 in Manila) that his team alerted the White House about the dangers of a looming pandemic outbreak about three months before COVID-19 is believed to have made its way into the US.

Philipson served three years as acting chairman of the administration's Council of Economic Advisers before stepping down in June to resume his teaching role at the University of Chicago. Philipson acknowledged testing positive for COVID-19 less than a month before his White House departure, according to The Wall Street Journal.

He told CNN's Poppy Harlow that he co-authored and published a CEA report titled "Mitigating the Impact of Pandemic Influenza through Vaccine Innovation" that warned a pandemic disease could kill as many as half a million Americans and cause up to $3.79 trillion in damage to the US economy. Previously, President Trump has insisted that no one could have foreseen or prevented the coronavirus outbreak, but Harlow pointed out on Friday that Philipson's 41-page report was presented to senior White House officials in September 2019.

"You guys told them at the highest levels of the White House last year this could happen," she said. Philipson acknowledged the report was presented to President Trump or his top officials. "The White House is fully aware of what CEA puts out," he said. Philipson noted it's not uncommon for White House officials to disagree over what course of action the President should take on certain issues. During the first nine months of Philipson's tenure as CEA chairman, he said the council was "extremely successful" in getting Trump to take its advice.