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The Daily Punch

How Trump wants to blow up defense spending

The Daily Punch

Punchbowl News

Politics, Government, News

4.3707 Ratings

🗓️ 10 December 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

The Hill is revolting over Trump’s push to make defense spending partisan. Anna and Jake break down the NDAA squeeze, why a January health-care deal looks unlikely, and what the Fed’s next move means for 2026. Watch this episode on YouTube here! Punchbowl News is on YouTube Subscribe⁠⁠⁠⁠ to our channel today to see all the new ways ⁠we’re investing in video.⁠⁠⁠⁠ 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

presented by the American Beverage Association.

0:03.6

When it comes to what your family eats and drinks, you know your choices matter.

0:08.5

You're the expert because you know what fits your life.

0:12.5

And getting it right starts with good information.

0:15.6

That's why America's beverage companies are sharing more information about our ingredients at

0:20.5

good to know facts.org.

0:22.6

No spin, no judgments, just the facts straight from the experts for more than 140 beverage ingredients.

0:30.3

Visit good to know facts.org. Good morning. I'm Anna Palmer. And I am Jake Sherman.

0:45.8

And welcome to The Daily Punch, brought to you by Punch Bull News. It's Wednesday, December 10th, 2025.

0:50.4

Let's get into the mix. Here are your Washington headlines of the day.

0:53.5

Number one, the Hill revolts on the Trump administration's plans to make defense spending more partisan.

0:59.5

Number two, don't bank on a January health deal. And number three, the latest from the vault. What's ahead for 2026.

1:07.0

All right, Jake, let's get into it. We have a terrific top this morning looking at how, you know, there's so much focus right now on the NDAA and what's happening there.

1:16.0

But we are actually projecting forward looking at what's going to happen in 2026.

1:20.6

Over the weekend, Russ Vote, the OMB director for president Donald Trump, open the possibility of a strategy of saying Pentagon funding could

1:29.7

use reconciliation be a partisan exercise, not the bipartisan place that it has been for so long.

1:36.9

And the Hill is both Republicans and Democrats not on board.

1:40.5

Yeah, let's say that, well, first of all, let's let's say big congratulations to our defense pub, which launched yesterday. And we had a nice event last night, which was very cool. I also was, uh, went to a dinner for our friend Bob Costa, who was honored with the fourth the state award at the national press club, which was, hey, listen, Anna, if Bob Woodward is ever toasting me and you, then he ain't going to be toasting us.

2:03.3

I don't know. I don't think that's in our future. But a big congrats to Bob. He's a great journalist and friend of the program.

2:10.2

Yes. So listen, here's the deal about defense spending. The Trump administration wants to do everything kind of on a partisan basis.

2:17.2

I mean, they wanted to do government of on a partisan basis. I mean,

2:17.9

they wanted to do government funding on a partisan basis, but what they're doing here, what they're

...

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