Thread by @AlexThomp

NEW: top WH/econ frustrated by the Penn Wharton Budget Model

Manchin takes their findings seriously and right now their analyses are diverging from the WH’s on reconciliation

Klain has dismissed them as conservative
W/ @KateDavidson @TinaSfon

politico.com/newsletters/we…

NEC spokesperson @JesseLee46: “The Penn Wharton Budget Model is simply wrong on its math, and didn't even evaluate the policies actually in the bill”

PWBM head Kent Smetters said the WH was “the standard ‘not our bill’ and ‘version control’ redirects.”

So the WH has to convince Manchin the Penn numbers—which say the WH framework would adding $500 billion the the deficit—are wrong

Or wait for the CBO of the actual text which will take weeks and may not mirror their projections either

Also, Harris ditches her pool in Paris

Some WH clean-up on the line 5 pipeline

The latest @markknoller stat line. This time: Biden has done far fewer fundraisers than his predecessors in his first 10 months.

And we asked the Wh about Kerry’s “we will not have coal plants” by 2030 line today.

State massaged it a bit: Reaching this goal will eliminate the use of unabated fossil fuel power by 2035, and it will require dramatically slashing emissions from coal power during this decade.

And finally, TIL that @SabrinaSingh46 has chocolate chips w/ breakfast

A little bit more here from the NEC:

The problem for the WH is that Manchin is skeptical of making programs temporary: “what I see are shell games and budget gimmicks that make the real cost of this so-called ‘$1.75 trillion dollar’ bill estimated to be twice as high if the programs are extended or made permanent”