Aug. 9, 2021
The Daily Punch
Punchbowl News
4.3 • 707 Ratings
🗓️ 9 August 2021
⏱️ 12 minutes
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| 0:00.0 | And now, a message from Google. The spirit of innovation is deeply ingrained in America, |
| 0:07.0 | and Google is helping Americans innovate in ways both big and small. Central Texas Regional Mobility |
| 0:13.9 | Authority is using Google AI to create smarter tolling systems and improve traffic flow for Texans. |
| 0:23.2 | This is a new era of American Innovation. Find out more at G.com slash American Innovation. Good morning. I'm Anna Palmer. And I'm Jake |
| 0:32.9 | Sherman. And welcome to The Daily Punch, brought to you by Punch Bowl News. It's Monday, August 9th, 2021. |
| 0:39.0 | Let's get into the mix. Here are your Washington headlines of the day. Number one, Janet Yellen's |
| 0:44.5 | new guidance on raising the debt limit. It might surprise you. Number two, the latest in the Senate on |
| 0:50.3 | infrastructure. We're finally going towards that final passage. And number three, what's |
| 0:56.2 | happening in the house on infrastructure and the potential calendar change that could keep us |
| 1:00.3 | busy later this month? All right, Jake, let's get into the number one story, raising the debt |
| 1:06.5 | limit. Janet Yellen is sending a letter this morning, and it has some surprising guidance, I thought. |
| 1:13.1 | Yeah, Janet Yellen, the Treasury Secretary, is suggesting that Congress use basically regular order to pass the debt limit. |
| 1:22.9 | So there's two options here. |
| 1:23.9 | You can either pass the debt limit using reconciliation, which only requires a simple |
| 1:29.5 | majority in the Senate. That would be easy. Or you could use regular order, which would require |
| 1:36.6 | 60 to overcome a Republican filibuster. And that is what, that is what Yellen is suggesting that |
| 1:43.6 | they use. I don't get this, to be honest with you. |
| 1:46.5 | I think this is going to spark a huge showdown over just a huge showdown, period. |
| 1:53.1 | I don't understand why they're doing this. |
| 1:55.1 | I'm sure there is good reason here. |
| 1:57.3 | But very strange. |
| 1:59.2 | Just one more note, then I'll kick it over to you, Anna, but I, the Senate was in session |
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