President Joe Biden was hoping to announce a deal on his legislative agenda before he heads to Europe on Thursday. But it’s Wednesday already, and so far this week, it’s been two baby steps forward, one giant leap backward for Democrats. We’re not saying a deal won’t materialize; odds are it will — eventually. Here’s a look at the state of play.

And, A local TV station in Nevada took down a pro-Catherine Cortez Masto ad Tuesday after the NRSC complained it included “flagrantly false” information about the vulnerable senator’s GOP challenger. 

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.