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POLITICO Playbook Daily Briefing

July 14, 2022: A warm welcome abroad, but headline headaches at home

5min2022 JUL 14
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Inflation hit a 41-year high on Tuesday, as the consumer price index accelerated to 9.1% in June. That, in turn, affects what might be Biden’s last, best shot at a deal on reconciliation. Sen. Joe Manchin (D-W.Va.) said the new numbers make him “more cautious than I’ve ever been” in reconciliation talks, he told reporters. “Everything needs to be scrubbed, anything that can be inflationary.”

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