| | | |  | | By Garrett Ross | | Presented by |  | | | |  | THE CATCH-UP | | | 
Sen. John Curtis (R-Utah) said the July 4 marker to pass the megabill is a "false deadline." | Rod Lamkey for POLITICO | FORLORN ON THE FOURTH OF JULY: Sen. John Curtis (R-Utah) dumped some cold water on Republicans’ self-imposed July 4 deadline to deliver their sprawling megabill to President Donald Trump’s desk. “I think a lot of us would be surprised if it passed by July 4,” Curtis said at the POLITICO Energy Summit, per POLITICO’s Kelsey Brugger. “I think that’s a false deadline. I don’t think that we need to put a specific deadline on it. Let’s get it right.” A message for Musk: Curtis also downplayed any perceived influence that Elon Musk has over negotiations among Senate Republicans amid the billionaire tech mogul’s ardent campaign against the megabill. “If he would stop and slow down and realize the way Washington works, because what he does with a business is very different in the culture and everything is so different than what we do in Washington, D.C.,” Curtis said, adding that there’s “a lot we could learn from him and vice versa.” Curtis also shrugged as to why exactly Musk has recently targeted the bill. “I’m a U.S. senator voting on this bill, and I don’t know why he hates it. You can see how he’s missed an opportunity,” Curtis said.
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Rep. Brett Guthrie (R-Ky.) downplayed Elon Musk's potential influence in GOP primaries against that of President Donald Trump. | Rod Lamkey for POLITICO | Rep. Brett Guthrie (R-Ky.), chair of the powerful House Energy and Commerce Committee, had similar words for Musk this morning, saying that the ex-DOGE head didn’t voice any concerns over the bill when he had the chance. Guthrie and Musk met over breakfast just hours after the House passed the bill, and “he never mentioned the bill that morning,” Guthrie said at the summit, per POLITICO’s Kelsey Tamborrino. Instead, he said, Musk talked about competition with China to dominate AI. Guthrie also addressed Musk’s generic threats to primary Republicans who back the bill, once again downplaying the influence of the world’s richest man against that of the GOP flagbearer. “I assume that if [Musk] chooses somebody to primary, President Trump would probably take the opposite side, and in my district ... if I had that problem, I think President Trump would be a good person to come campaign in my district,” Guthrie said. More highlights:
- Sen. Martin Heinrich (D-N.M.) previews a future Dem attack line: “People’s electricity bills all over the country are going to go up. What I can guarantee you is in the next election and the election after that Republicans are going to own increased energy prices.” More from POLITICO’s Ben Lefebvre
- NextEra Energy Chair and CEO John Ketchum warns Republicans that a bid to repeal clean energy tax credits, attack China using trade rules and boost the nuclear and coal industry will make their goal to dominate in energy impossible. More from POLITICO’s Isa Domínguez
HAPPENING TODAY: New Jersey voters are heading to the polls for the state’s gubernatorial primaries. For the GOP, Jack Ciattarelli is the leading candidate. But the Democratic primary is the race to keep an eye on: Despite Rep. Mikie Sherrill’s frontrunner status, five other candidates all have a legitimate path to the nomination. POLITICO’s Madison Fernandez and Daniel Han have more on what to watch tonight Good Tuesday afternoon. Thanks for reading Playbook PM. Drop me a line at gross@politico.com.
| | A message from PhRMA: Foreign-first pricing is a bad deal for American patients.
To lower prescription drug prices in America, let's address the real reasons Americans pay more. The U.S. is the only country that lets PBMs and 340B hospital markups drive up medicine prices for patients, while other countries refuse to pay their fair share for American innovation. It's time to crack down on the middlemen and end the free riding. Learn more. | | | | | | 9 THINGS YOU NEED TO KNOW | | 1. THE LATEST ON LA: Trump’s decision to deploy troops to Los Angeles in response to a string of protests over the administration’s immigration actions will likely cost $134 million, the Pentagon’s budget chief told lawmakers this morning, POLITICO’s Connor O'Brien and Joe Gould report. “Acting Pentagon comptroller Bryn MacDonnell, testifying at a House budget hearing on Tuesday alongside Defense Secretary Pete Hegseth, said the estimate covers costs such as travel, housing and food. … Hegseth sparred with Democrats during the hearing in defense of the deployment, arguing Newsom and Bass, both Democrats, mishandled the situation.” Survey says: A new YouGov poll finds that Trump’s deployment of Marines to Los Angeles is deeply unpopular, with a 47 percent disapproval mark, compared with 34 percent who approve. Dispatching the National Guard isn’t much better: 45 percent disapprove and 38 percent approve. See the full results Disinformation digest: “Fake Images and Conspiracy Theories Swirl Around L.A. Protests,” by NYT’s Steven Lee Myers 2. ECONOMIC OUTLOOK: The World Bank said this morning that U.S. economic growth “may halve this year as a result of President Trump’s tariff policies, while the global economy is set to suffer a more modest, but still significant, slowdown,” per WSJ’s Paul Hannon. The projection says the U.S. will “grow by just 1.4% in 2025, a sharp deceleration from the 2.8% expansion recorded in 2024” and global “output to grow by 2.3% this year and 2.4% the next, having previously projected an expansion of 2.7% in each year.” Caution sign: “The World Bank warned that the slowdown in both the U.S. and global economies could be more severe if tariffs were increased further from the levels that prevailed in late May.” What Trump will like: But the World Bank also “effectively endorsed President Donald Trump’s complaint about the high tariffs that other nations impose on American products, calling for U.S. trading partners to sharply reduce their import taxes to more closely match the lower levies typically imposed by Washington,” WaPo’s David Lynch writes. 3. WHERE THE WHITE HOUSE IS SAVING AID: The White House is racing to assuage concerns from key House Republicans who are wary of plans to slash global AIDS funding ahead of a Thursday vote on a $9.4 billion spending cuts package, POLITICO’s Meredith Lee Hill reports. “In recent days, White House officials have conveyed to GOP leaders that they will not only maintain life-saving treatments under PEPFAR but will also — in response to concerns from more than a dozen House Republicans — preserve some prevention programs as well.” 4. GUANTANAMO UPDATE: The Trump administration is “planning to dramatically ramp up sending undocumented migrants to Guantanamo Bay starting this week, with at least 9,000 people being vetted for transfer,” POLITICO’s Nahal Toosi and Myah Ward scoop. “That would be an exponential increase from the roughly 500 migrants who have been held for short periods at the base since February and a major step toward realizing a plan President Donald Trump announced in January to use the facility to hold as many as 30,000 migrants. The transfers to Guantanamo could start as soon as Wednesday, the documents state.”
| | | | Playbook isn’t just a newsletter — it’s a podcast, too. With new co-hosts who bring unmatched Trump world reporting and analysis, The Playbook Podcast dives deeper into the power plays shaping Washington. Get the insider edge—start listening now. | | | | | 5. MUSK READ: DOJ and DHS in 2022 and 2023 “tracked foreign nationals coming and going to Elon Musk’s properties,” WSJ’s Dana Mattioli and colleagues scoop. The investigation “focused on people visiting the tech billionaire, from countries in Eastern Europe and elsewhere, who might have been trying to influence him.” Though WSJ notes that several agencies, including the FBI, were briefed on the probe, it never progressed to any charges and its current status is unclear. But even last year, as he worked to help reelect Trump, Musk’s frequent travel with foreigners concerned staffers for his super PAC over “who was joining him at meetings and events.” Officials “had to institute extensive vetting to keep foreigners out of their efforts.” 6. BOSS HOGG: DNC Vice Chair David Hogg is getting involved in yet another Democratic primary, defying party leadership amid a broader struggle over the DNC’s direction under Chair Ken Martin, who recently told party leaders in a private conversation that he’s unsure about his ability to lead the party because of infighting created by Hogg. “Hogg’s political group, Leaders We Deserve, is backing 37-year-old state Del. Irene Shin, who is part of a crowded Democratic field vying later this month to fill [late Rep. Gerry] Connolly’s seat in Northern Virginia after his death last month,” WaPo’s Patrick Svitek reports. 7. VAX POPULI: HHS is “circulating a document on Capitol Hill to explain its decision to remove the Covid-19 vaccine recommendation for pregnant women — citing studies that largely found the shot is safe,” POLITICO’s Sophie Gardner and Lauren Gardner report. “The document, which HHS sent to lawmakers days before Secretary Robert F. Kennedy Jr. announced his plan to fire the panel that advises the CDC on immunizations, says that studies have shown that women who got the vaccine during pregnancy had higher rates of various complications.” But the author of one study cited tells POLITICO that “the results of our manuscript were misinterpreted.” 8. THE YOUTH MOVEMENT: Iowa Democrats are pushing hard for a younger generation to take up the mantle and make the party competitive in a red state once again. But the crop of candidates — both in Iowa and beyond — who came up online are proving a bit difficult to harvest. “This weekend, as Zach Wahls, a 33-year-old state senator, planned to launch his Senate campaign, some Democratic operatives in Iowa circulated an old message board in which Mr. Wahls, at age 19, had opined about his pornography preferences and volunteered that his parents had given him a subscription to Playboy magazine when he was 16,” NYT’s Reid Epstein writes. “Other campaigns have confronted similar turbulence.” 9. FOR YOUR RADAR: North Korea “appears to be building a new uranium-enrichment plant in its main nuclear complex, the United Nations’ nuclear watchdog warned this week, the strongest sign yet that the country’s leader, Kim Jong-un, plans to grow its nuclear weapons supply,” NYT’s Choe Sang-Hun reports from Seoul.
| | | | Cut through policy complexity and turn intelligence into action with POLITICO’s Policy Intelligence Assistant—a new suite of tools designed to save you time and demonstrate your impact more easily than ever—available only to Pro subscribers. Save hours, uncover critical insights instantly, and stay ahead of the next big shift. Power your strategy today—learn more. | | | | | | | TALK OF THE TOWN | | Tulsi Gabbard, in a dramatic video on X, warned of a “nuclear holocaust” and chastised “warmongers” for bringing the world “closer to the brink of nuclear annihilation than ever before.” Michael Stipe, Jason Isbell and Brandi Carlile are among the artists appearing on an album to benefit Democracy Forward. SPOTTED: Sen. Amy Klobuchar (D-Minn.) and Lina Khan running through the Capitol together on the way to votes this morning. MEDIAWATCH — Mark Guiducci is taking over as top editor of Vanity Fair, per NYT’s Katie Robertson. The 36-year-old Guiducci “takes over a job that is very different from the one held by previous editors of Vanity Fair. He will be the first ‘global editorial director’ at Vanity Fair — gone is the editor in chief title — and will oversee Vanity Fair in the United States as well as editions across the world.” TRANSITIONS — Cally Barry is now senior adviser and comms director for Rep. Ralph Norman (R-S.C.). She most recently was comms director for Rep. Morgan Luttrell (R-Texas). … Marybeth Nassif is joining Jones Walker as a director in the government relations practice group. She previously was a professional staff member for the House Appropriations Committee. Did someone forward this email to you? Sign up here. Send Playbookers tips to playbook@politico.com or text us on Signal here. Playbook couldn’t happen without our editor Zack Stanton, deputy editor Garrett Ross and Playbook Podcast producer Callan Tansill-Suddath. Correction: Yesterday’s Playbook PM misstated the last time a Democrat won the presidential ballot in Texas. It was 1976.
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