Jan. 5, 2023: Inside McCarthy's brewing speaker deal

After spending the last 48 hours on life support, Kevin McCarthy's bid for the speakership is seeing a potential revival. Following a rollercoaster of a Wednesday during which the California Republican failed three more times to secure the 218 votes for the gavel, McCarthy and some of his critics finally got in a room and had what both sides are describing as productive conversations. This morning, after slamming coffee at midnight and working the phones until the wee hours, we have a readout of new concessions McCarthy has offered his critics and where things stand. Will this be enough to land McCarthy the speakership? That’s TBD. Subscribe to the POLITICO Playbook newsletter Raghu Manavalan is the host and senior editor of POLITICO's Playbook Daily Briefing.Jenny Ament is the executive producer of POLITICO Audio.