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The Daily Punch

House mods get a win, as conservatives seethe

The Daily Punch

Punchbowl News

News, Government, Politics

4.3707 Ratings

🗓️ 7 May 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

Anna and Jake take a look at the massive pressure Speaker Mike Johnson is facing in navigating Medicaid cuts. Plus, the Senate is barreling towards a showdown over its own rules and procedures. Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter at punchbowl.news. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Across America, Walmart is helping small and medium-sized businesses grow.

0:05.8

The retailer's $350 billion investment in U.S. manufacturing supports businesses like

0:12.5

Athletic Brewing, which opened a new brewery and hired 200 people since working with Walmart.

0:18.7

Learn how Walmart's commitment to products made, grown, or assembled in America

0:23.6

is fueling America's workforce by visiting walmart.com slash America at work. Good morning. I'm Anna Palmer.

0:44.0

And I'm Jake Sherman.

0:45.0

And welcome to The Daily Punch.

0:46.4

Brought to you by Punchable News.

0:47.6

It's Wednesday, May 7th, 2025.

0:50.4

Let's get into the mix.

0:51.4

Here are your Washington headlines of the day.

0:53.9

Number one, the latest on Medicaid cuts. Number two, a showdown in the Senate over climate policy. And number three, House Conservatives shun anti-Semitism efforts. All right, Jake, let's get into it. We are leading Punchball News a.m. this morning with a look at the massive pressure speaker Mike Johnson is

1:14.4

facing when it comes to how he is going to navigate these Medicaid cuts. Moderates are putting on

1:22.1

an enormous amount of pressure, trying to push Johnson away from some of the most dramatic cuts that have

1:29.3

been suggested. And so far it appears that they have the speaker's ear here, Jake.

1:35.7

Yeah, yesterday was a very good day for House Republican moderates. Let's just be honest.

1:40.6

They met at 4.30 for about two hours in the speaker's office. And remember,

1:46.8

moderates have effectively, and I'm going to oversimplify for purposes of brevity.

1:54.1

They have effectively two gripes. Number one, Medicaid. Number two, salt. Not all moderates have the salt gripe, but most moderates have the

2:05.2

Medicaid gripes. So we have like a Venn diagram or something. And they left this meeting, and Mike Johnson, the

2:14.3

speaker, left this meeting saying that FMAP, lowering the rate by which

2:19.5

the federal government reimburses Medicaid services, also, again, also known as FMAP, and per capita

...

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