By Zeke J Miller
December 1, 2016

If you only read one thing: President-elect Donald Trump is kicking off his victory tour in Ohio today after a stop in Indiana to announce his deal to keep nearly 1,000 jobs in the U.S. The cost of that agreement is just coming into focus, in the form of $7 million in tax breaks and goodwill for Carrier’s parent company which has tens of billions in defense contracts with the federal government. Critics contend that Trump’s deal amounts to a ransom payment and will only encourage companies to threaten to offshore American jobs.

Trump’s “thank you” trips will take him exclusively to states that he has won, highlighting how little the President-elect has done to try to reach out to those who didn’t vote for him. How the Wisconsin recount could fix American elections. And the GOP may delay repealing Obamacare for years.

Here are your must reads:

Must Reads

How the Wisconsin Recount Could Help Fix American Elections
The information that analysts have to work with is not nearly detailed enough, TIME’s Chris Wilson writes. Will that change?

Trump Treasury Pick Made Millions After His Bank Foreclosed on Homeowners
Steven Mnuchin’s OneWest filed to take a 90-year-old woman’s house after a 27-cent payment error. [Politico]

1,000 Carrier Jobs Trump Celebrates Are Drop In the Bucket of Manufacturing Job Losses
Indiana alone has lost over 150,000 manufacturing jobs since 2000 [Wall Street Journal]

Trump, a Free-Form Leader, Experiments and Invites Drama
A ticket to the theater [New York Times]

Sound Off

“Of course it works and of course you have to have dynamic scoring” — Trump Treasury pick Steve Mnuchin on the controversial budgeting tactic

“I expect that I will be continuing to work at the southern district.” — Preet Bharara, U.S. Attorney for the Southern District of New York, after meeting with President-elect Trump

Bits and Bites

Tough-on-corruption NY prosecutor tells Trump he will stay [Associated Press]

Donald Trump Had the Trumpiest Phone Call With Pakistan’s Prime Minister [TIME]

Indiana Gives $7 Million in Tax Breaks to Keep Carrier Jobs [Wall Street Journal]

Nancy Pelosi Re-Elected as House Democratic Leader [TIME]

GOP may delay Obamacare replacement for years [Politico]

Feuding With Donald Trump Is Good for Business. Just Ask Hamilton, Megyn Kelly and the New York Times [Money]

Pride flags pop up in VP-elect Pence’s temporary Northwest D.C. neighborhood [WJLA]

Trump’s Treasury Secretary Pick is a Lucky Man. Very Lucky. [ProPublica]


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