Inside the House Budget Committee's messy search for savings
The Daily Punch
Punchbowl News
4.3 • 707 Ratings
🗓️ 10 January 2025
⏱️ 14 minutes
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| 0:43.9 | Good morning. I'm Anna Palmer. And I'm Jake Sherman. And welcome to The Daily Punch. Brought to you by Punchable News. It's Friday, January 10th, 2025, TGIF. Let's get into the mix. |
| 0:50.8 | Here are your Washington headlines of the day. Number one, is it corporate tax |
| 0:55.2 | increase coming? Number two, Tulsi Gabbard changes her tune and number three, Josh Holly's |
| 1:01.3 | labor plans. Yep, you heard that right. All right, Jake, let's get into it. We are leading |
| 1:06.7 | Punch Bull News AM with an interesting story here behind the scenes at a House Republican lunch this |
| 1:15.5 | week, Budget Committee chair, Jody Erington, the Republican from Texas, was presenting a series |
| 1:21.5 | of slides when he landed on the suggestion that set people on and off Capitol Hill into a frenzy, |
| 1:29.0 | raising the corporate tax rate. Preserving the 21% corporate rate from the 2017 Trump tax cuts is a red line for |
| 1:35.9 | plenty of Republicans and Trump himself is even called for cutting it further, Jake. What in the |
| 1:41.0 | world was Jody Arrington thinking? |
| 1:49.4 | I'm not quite sure because there's no chance. I mean, listen, we're getting into the Trump administration, so there's a chance of, you know, you learn to say in these times that there's, |
| 1:55.3 | you know, you shouldn't say there's no chance, but I would put it at the barrel scraping bottom of the list that Donald Trump |
| 2:03.7 | would agree to raise the corporate tax rate. And Jody Errington says it was a mistake that he had a |
| 2:10.7 | slide in a presentation to the RSC that said he should raise the tax rate, raise the corporate |
| 2:16.8 | tax rate. So, you know, I, that's, |
| 2:20.9 | that's quite a mistake to make. It's not a comma or, you know, the sentence didn't make sense, |
| 2:27.6 | right? It's in a slide deck. Right. This would be like me making a presentation to Punchball |
... |
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