The Playbook Podcast

It was all smiles and selfies at the White House on Monday as Democrats celebrated passage of the bipartisan infrastructure deal. But rising voter concern about inflation has cast a pall over President Joe Biden's victory lap. The White House has tried to frame the president’s agenda as a long-term answer to inflation. A pair of stories this morning in POLITICO, however, underscores why those claims are probably wishful thinking.Subscribe to POLITICO Playbook.Raghu Manavalan is the host of POLITICO's Playbook.Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.

In August, former Trump Commerce Secretary Wilbur Ross and his wife Hilary Geary Ross sold their 10,000-square-foot home in Woodland-Normanstone for $13 million, according to D.C. tax records. It is the most expensive D.C. home sale of the last 12 months.The August deal was shrouded in mystery. The purchaser used an LLC called Salona Village Holdings that concealed their identity. The Rosses are barred by a confidentiality agreement from disclosing the real buyer’s name, Geary Ross told Daniel Lippman.But the secret is out.Subscribe to POLITICO Playbook.Raghu Manavalan is the host of POLITICO's Playbook.Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.

Donald Trump has been complaining to members and guests at Mar-a-Lago that Florida Gov. Ron DeSantis still hasn’t joined the other 2024 hopefuls in pronouncing that he won’t run for president if Trump runs.And, the toughest trial Rep. Kevin McCarthy faces on his way to becoming House speaker isn’t reclaiming the majority. It’s what comes afterward.” That’s the blunt takeaway from Olivia Beavers’ big piece this morning drawing on interviews with more than 40 Republicans, which “point to two worrisome factions for McCarthy in a future vote for speaker: conservatives and wild cards.” Subscribe to POLITICO Playbook.Raghu Manavalan is the host of POLITICO's Playbook.Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.

Earlier this year, the Biden administration forecast that the annual rate of inflation would be 2 percent. On Wednesday the Labor Department reported that inflation hit 6.2 percent, the biggest spike in prices since 1990, and the news is reverberating across every aspect of American politics. And, while the reconciliation bill, government funding and the debt limit will all play starring roles in the Senate between now and New Year’s Eve, don’t sleep on the drama over the National Defense Authorization Act (NDAA).Subscribe to POLITICO Playbook.Raghu Manavalan is the host of POLITICO's Playbook.Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.

We spend a lot of time in the weeds of congressional negotiations on the major legislation President Joe Biden, with some bipartisan help, is slowly moving through the system. At times it has all seemed pretty normal: 69 votes for an infrastructure package in the Senate that was hailed by Minority Leader Mitch McConnell, a less tidy but still pretty typical process of wrangling Democrats together for the much more partisan climate and social welfare reconciliation bill. Even Tuesday’s results in the off-year election in Virginia, which sent a message to the new president about overreach, were perfectly in line with recent history. But there were two stories Tuesday that reminded us of how, outside of the (relatively) routine sausage-making on Capitol Hill, some enormously worrisome undercurrents remain in American politics.Subscribe to POLITICO Playbook.Raghu Manavalan is the host of POLITICO's Playbook.Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.

All eyes are on Sean Parnell when he testifies today for the second and final time in an ugly child custody battle with his estranged wife, Laurie Snell. Though Parnell unequivocally denied abusing his wife and children on the stand Monday, the Republican Senate candidate in Pennsylvania is starting to bleed high-level support, two sources familiar with the matter told Playbook. The Jan. 6 panel issued subpoenas Monday to a half-dozen Trump advisers, including campaign manager Bill Stepien, campaign senior adviser Jason Miller, national executive assistant to the campaign Angela McCallum and former national security adviser Michael Flynn.Subscribe to POLITICO Playbook.Raghu Manavalan is the host of POLITICO's Playbook.Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.

Congress is out this week and the Biden administration will spend much of the next few days promoting the benefits of BIF, making the case for the reconciliation bill and pushing parents and schools to get kids vaccinated.So enjoy a brief window of calm in between last week’s Virginia and BIF news and the holiday insanity coming to Congress.The must-read of the day to get prepared for what’s coming is this WSJ piece by Nick Timiraos, Natalie Andrews and Ian Talley on the obstacles looming for Biden.Subscribe to POLITICO Playbook.Raghu Manavalan is the host of POLITICO's Playbook.Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.

The House adjourned just after 10 p.m. on Thursday night as Speaker Nancy Pelosi and her leadership team struggled to round up votes to pass the twin infrastructure and Build Back Better bills. Democratic leadership announced the House will be back in session at 8 a.m. and votes would happen today.— One reason for Democrats to be optimistic today: “[M]any in the caucus are set to embark on overseas trips ahead of next week’s recess.” A deadline, in other words, could help push them to act.— One reason for Democrats to be pessimistic: “But party leaders’ failure to corral the votes they need on Thursday — after several exhausting weeks spent hashing out many of the same issues — has left some Democrats privately wondering how they’ll pull it off on Friday.”Subscribe to POLITICO Playbook.Raghu Manavalan is the host of POLITICO's Playbook.Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.

Following an embarrassing election night for Democrats, Speaker Nancy Pelosi and her caucus have redoubled their efforts to pass the bipartisan infrastructure bill (BIF) and Build Back Better package (BBB) through their chamber this week. House Majority Leader Steny Hoyer announced Wednesday night that both bills could even see a floor vote as soon as today.For now, the GOP sweep in Virginia and Dems’ razor-thin victory in New Jersey seem to have done what months of negotiations on the Hill could not: force moderates and progressives into line on passing both bills.Raghu Manavalan is the host of POLITICO's Playbook.Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.

 New Jersey’s gubernatorial race is still too close to call as you wake up this morning. With 88% of the expected vote in, incumbent Phil Murphy is trailing Republican Jack Ciattarelli by just over 1,000 votes. President Joe returned from Europe overnight to a Washington where politics has been completely upended since he left six days ago. Before he departed, Biden told House Democrats, “I don’t think it’s hyperbole to say that the House and Senate majorities and my presidency will be determined by what happens in the next week.” He meant inaction on his two legislative priorities, leaving Europe with no congressional backing for his climate proposals, and potential defeats in one or more crucial elections Tuesday that would make everything worse. Biden may have been prescient.Raghu Manavalan is the host of POLITICO's Playbook.Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.