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Good morning. I'm Anna Palmer. And I'm Jake Sherman. And welcome to The Daily Punch.

brought to you by Punch Bowl News. It's Friday, July 15th, 2022.

Let's get into the mix.

Here are your Washington headlines of the day.

Number one, Democrats look to pass a much smaller reconciliation package.

And number two, we've got a scoop.

House Dems will take up an assault weapons bill.

And number three, the latest on ships. All right, Jake, we have been covering the twists and turns of what we have dubbed

Build Back Mansion, which is actually started to catch on a bit.

But we kind of previewed this earlier in the week, this concept that a smaller package

might be the pathway forward, and that certainly seems to be where things

are shaking out.

Yeah, we wondered yesterday in the AM edition whether it will end up that the reconciliation

bill would go from being a huge tax, spend, climate, all of those things,

bill to being a health care bill, to being a Medicare, allowing Medicare to negotiate

a prescription drug slash ACA subsidy bill.

And we asked Madsen yesterday about that.

...