Biden To Invite More Lawmakers To WH In Effort To Reach Infra Deal

Wires and social media reporting that President Joe Biden is set to invite more Democratic lawmakers to the White House today in an effort to reach a deal on the social spending bill (the Build Back Better act) and the bipartisan infrastructure framework (BIF) before he travels to Europe for G20/COP26 summits.

• Scott Wong at The Hill tweets on House Speaker Nancy Pelosi (D-CA)'s efforts to convince Dems in the House to compromise on the issue: "Pelosi [...] "We are the verge of something major. Transformative, historic and bigger than anything else". [...]Pelosi tells members BIF won't move forward this week until House Dems see reconciliation deal "in writing" in Senate, say Dems leaving caucus. [...] Lawmakers leaving caucus say Pelosi/leadership today did not mention a specific price tag for the reconciliation package. Manchin says he wants $1.5T. Biden wants something close to $2T. "There's not that much more time. We have to have decisions largely today, a little bit into tomorrow so we can proceed," Pelosi tells reporters leaving caucus meeting "90 percent is written" she says"
• Given how long the process of writing the larger social security spending package has taken, reaching agreement on what Nancy Pelosi says is the final 10% in the short timeframe presented by the president and congressional Democrats looks an unlikely eventuality. As such, the process of trying to pass both spending packages looks set to extend into November, a period that is already set to prove congested as Democrats seek to ensure the gov't is funded and debt ceiling raised by the 3 December deadline.