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The Daily Punch

July 14, 2021

The Daily Punch

Punchbowl News

News, Politics, Government

4.3707 Ratings

🗓️ 14 July 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

The latest on the budget resolution deal in the Senate, Kevin McCarthy's massive fundraising quarter and we detail which senators haven't announced whether they are running for reelection. Plus, David Krone's new gig at Apollo. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

And now, a message from Google. The spirit of innovation is deeply ingrained in America,

0:06.9

and Google is helping Americans innovate in ways both big and small. Central Texas Regional Mobility

0:13.8

Authority is using Google AI to create smarter tolling systems and improve traffic flow for Texans.

0:23.1

This is a new era of American innovation. Find out more at g.co slash American innovation. Good morning. I'm Anna Palmer. And I'm

0:32.4

Jake Sherman. And welcome to The Daily Punch. Brought to you by Punch Bowl News. It's Wednesday,

0:38.8

July 14th, 2021. Let's get into the mix. Here are your Washington headlines of the day. Number one, all eyes

0:44.7

are on the budget resolution deal in the Senate. Number two, it was a massive fundraising quarter

0:50.4

for House Minority Leader Kevin McCarthy, and number three. You've got all the details

0:55.6

on who hasn't said yet if they're running for reelection in the Senate. All right, Jake, let's get

1:01.3

into the number one story leading Punch Bowl News a.m. this morning, this budget resolution deal,

1:08.1

Joe Biden is coming to Capitol Hill to sell Democrats on both the hard

1:13.2

infrastructure package and to support this budget resolution. Yeah. Interestingly, Joe Biden

1:18.9

is coming to Capitol Hill for lunch today. Democratic lunch in the Capitol. We could always

1:23.2

smell what they're eating from around the corner. Um, and they always smells like French fries.

1:27.8

So, um, little greasy to start their, start their day off. Hey, listen, who doesn't like French fries?

1:33.9

Um, so, uh, they, the Senate Democrats reached a deal last night, a $3.5 trillion dollar budget deal that is

1:42.3

meant to unlock the process for a bipartisan infrastructure

1:47.1

deal. And this is a big moment for everybody, for Chuck Schumer, for Joe Biden, and for Bernie

1:53.9

Sanders, and the moderate coalition. Now, here's the dynamics. Here's how Democrats want it to go.

1:58.7

They want to pass this budget resolution, pass a bipartisan infrastructure plan, and then come back and fill in that budget resolution.

2:07.5

The budget resolution is like the frame of the house. You still need to put like insulation

2:11.5

and walls and furniture and all that stuff. And that's what the reconciliation package is.

...

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