Johnson and Trump on the brink of victory

The Daily Punch

Punchbowl News

Politics, News, Government

4.6 • 666 Ratings

🗓️ 3 July 2025

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

It looks like Speaker Mike Johnson and President Donald Trump will make their July 4 deadline to pass the One Big Beautiful Bill. Jake joins Anna from the Capitol to discuss the latest reconciliation developments from overnight. Plus, what does all this mean for Johnson and what comes next? 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 National Corn Growers Association.
0:04.0	Ethanol is America's fuel, made from corn grown by American farmers.
0:09.0	Ethanol lowers fuel costs, strengthens energy independence, and boosts the economy on the national and local levels.
0:16.5	The National Corn Growers Association is working to advance all of ethanol's benefits by advocating for year-round access to E-15 at the gas pump.
0:27.2	Learn how this fuel supports our nation by visiting ncg.com slash ethanol.
0:34.1	The House Freedom Caucus has lost again a tremendous, tremendous, tremendous amount of juice.
0:40.6	I mean, they just keep folding and folding and folding and folding.
0:44.4	Every time there's a bill, they say, we're not going to vote for it.
0:47.4	I mean, Chip Roy said yesterday, whatever the hell day it was, I am not voting on this bill tonight, period.
0:53.2	Ralph Norman said the same thing. We even alerted it. We got to voting on this bill tonight period ralph norman said the same thing we even alerted it we got to we got to not alert this stuff anymore because these guys just fold every damn time good morning i'm anna palmer and i'm jake sherman Thank you. And I'm Jake Sherman.
1:14.9	And welcome to The Daily Punch. Brought to you by Punch Bowl News. It is Thursday, July 3rd, 2025.
1:20.9	Let's get into the mix. Here are your Washington headlines of the day. Number one, Trump's big beautiful bill is on the brink. What happened
1:27.9	overnight? Jake Sherman joins us from Capitol Hill. Number two, what does this mean for
1:34.0	Speaker Mike Johnson? And number three, what's next? All right, Jake, good morning. You have been in
1:39.3	the Capitol all night. We are doing an unusual thing here at The Daily Punch. We are going to spend all three
1:45.8	news items on reconciliation, what happened in the Capitol, because it is basically the story of
1:52.6	the day. Yeah, I've been doing this a long time, mostly with you. I think this is one of the most
1:59.2	unusual nights I've ever been a part of.
2:02.0	It is right now 4.30 in the morning.
2:03.8	I'm in my seat in the periodical press gallery.
2:07.1	I've been up now for 24 hours, so if I don't make sense, I'm sorry, but hopefully
2:12.5	you'll help make sense for me, Anna.
	...

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