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Welcome to the Daily Punch, brought to you by Punch Bowl News.

It is Friday, June 20th, 2025.

Let's get into the mix.

Here are your Washington headlines of the day, number one, your reconciliation latest, number two, Trump campaign, Inc. And number three, the Georgia Republicans wait for Trump's Senate signal.

Let's get into it.

Max, happy Friday.

Fridays are Punchbowl News Power Matrix Day.

We'll talk about that at the end.

And it is the last day that the House will be out of session before it begins its sprint to maybe getting reconciliation done by July 4th.

I don't know.

But let's talk about what's going on in the chamber that you spend most of your time in the Senate.

The Senate Finance Committee, this is a scoop that went to our Punch Bowl News vault

subscribers, which you should subscribe to.

If you don't, please shoot me your email and I will charge your credit card personally

for the vault.

If I guess, I don't know how to charge a credit card personally, but I will do it.

...