How the Senate can make reconciliation deadline
The Daily Punch
Punchbowl News
4.6 • 666 Ratings
🗓️ 9 June 2025
⏱️ 8 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | This episode is brought to you by Avid Reader Press. |
| 0:04.0 | Legendary Investor Ray Dalio's new book, How Countries Go Broke, The Big Cycle, explains the mechanics behind big debt crises. |
| 0:13.2 | Larry Summers says, Dalio's brilliant, iconoclastic approach is an invaluable resource, and Hank Paulson says it provides a solution to what is the |
| 0:23.1 | biggest and most certain threat to our prosperity. Read it to understand the greatest economic issue |
| 0:29.1 | of our time. Available now, wherever books are sold. Good morning. I'm Jake Sherman and welcome to the Daily Punch, brought to you by Punch Bowl News. |
| 0:47.4 | It is Monday, June 9th, 2025. Let's get into the mix. Here are your Washington headlines of the day. |
| 0:52.8 | Number one, how the Senate can meet |
| 0:54.8 | its July 4th reconciliation deadline. Number two, how Trump's L.A. National Guard moves spurred huge |
| 1:00.9 | partisan backlash. And number three, Elon Musk gets a poor performance from K Street. Let's get into it. |
| 1:07.4 | This morning, we decided, actually yesterday we decided that we were going to take a look |
| 1:11.4 | at what the Senate needed to do to meet its July 4th deadline. Today is June 9th. We are less than a month |
| 1:18.1 | from July 4th. That's how the date thing works. And there's a lot that needs to get done in the next |
| 1:25.7 | less than a month in the next couple of weeks. And it's not only that a lot needs to get done in the next, less than a month in the next couple of weeks. |
| 1:29.2 | And it's not only that a lot needs to get done. |
| 1:31.7 | A lot needs to get done within certain time frames, meaning there are things that need to happen |
| 1:37.8 | at certain times. |
| 1:39.5 | I know I kind of just said that, but there are things that need to happen within this |
| 1:43.5 | week, next week, the week after that, to make are things that need to happen within this week, next week, the |
| 1:45.0 | week after that, to make sure that they can meet this July 4th deadline. Remember, the July 4th |
| 1:50.2 | deadline is self-imposed. The debt ceiling will not need to be raised until some point in August. |
| 1:56.0 | They are trying to meet this deadline so they can get out of town for the July 4th recess, |
| 2:00.8 | which, by the way, |
... |
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