Tax bill heads to the Senate... Will it survive?
The Daily Punch
Punchbowl News
4.3 • 707 Ratings
🗓️ 1 February 2024
⏱️ 8 minutes
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| 0:00.0 | Across America, Walmart is helping small and medium-sized businesses grow. |
| 0:05.8 | The retailer's $350 billion investment in U.S. manufacturing supports businesses like |
| 0:12.5 | Athletic Brewing, which opened a new brewery and hired 200 people since working with Walmart. |
| 0:18.7 | Learn how Walmart's commitment to products made, grown, or assembled in America is |
| 0:24.2 | fueling America's workforce by visiting walmart.com slash America at work. |
| 0:44.5 | Good morning. I'm Jake Sherman and welcome to the Daily Punch, brought to you by Punch Bowl News. |
| 0:51.9 | It is Thursday, February 1st, 2024. Let's get into the mix. Here are you Washington headlines of the day. Number one, the tax bill cometh, maybe. |
| 0:55.7 | Number two, the three big questions about the Senate's border package, and number three. |
| 1:00.4 | Last night was the Washington Press Club Foundation dinner. Let's get into the mix. |
| 1:05.0 | The tax bill, this tax bill we've been covering so heavily over the last, I don't know, |
| 1:10.2 | a couple weeks, |
| 1:11.5 | bipartisan bill to extend business tax credits and expand the child tax credit, |
| 1:16.3 | past the house, putting up an eye-popping 357 to 70 tally. That is a big, big, big vote. Probably, |
| 1:26.8 | I don't know, I'm going to, I'm not making this up, I'm guessing, |
| 1:30.5 | but this is probably the biggest total for a tax bill, bipartisan total, for a tax bill |
| 1:36.9 | in a very long time. Most tax bills are, are either partisan or a lot less bipartisan. This is a major win for Jason Smith, |
| 1:48.0 | the chair of the Ways and Means Committee, the youngest tax writing chair since the Civil |
| 1:52.3 | War. Democrats got a significant but not overwhelming win, the child tax credit, but this bill |
| 1:59.9 | is about to run headlong into a massive legislative |
| 2:04.6 | logjam in the Senate. Number one, the National Defense Supplemental, the border security, |
| 2:10.5 | Israel, Ukraine, Taiwan, who knows if that thing ever comes out. We'll get to that in a couple |
| 2:14.9 | minutes, but that's the chamber's top priority. Then, |
... |
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