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The Daily Punch

The minibus is here

The Daily Punch

Punchbowl News

News, Politics, Government

4.3707 Ratings

🗓️ 21 March 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Washington has bet against Speaker Mike Johnson a lot. But if all goes according to plan, by Friday, Johnson will have cleared a massive hurdle in his nascent speakership — fully funding the federal government through FY2024. Plus: The Wyden-Smith tax bill is in deep trouble. Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:05.8

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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.

0:47.6

Good morning. I'm Anna Palmer and welcome to the Daily Punch, brought to you by Punch Bull News. It's Thursday, March 21st, 2024. Let's get into the mix. Here are your Washington headlines of the day. Number one, Johnson

0:53.7

settles into the speakership.

0:55.5

Number two, the Smith-Widen tax bill is in jeopardy. And number three, the latest on TikTok.

1:02.3

All right, let's get into it. We are leading Punchbowl News AM with a look at speaker Mike Johnson.

1:09.6

We've got some news. The House and Senate leaders released the

1:13.2

six bill 1,012 page minibus package just before 3M. They are scrambling to get a vote on

1:20.9

the House floor tomorrow, followed by a Senate vote as soon as possible, in order to avoid

1:26.7

a partial government shutdown at midnight on Friday.

1:31.5

Now, let's talk Speaker Mike Johnson.

1:35.2

He told us Wednesday, quote, don't bet against me.

1:39.3

Well, Washington has been betting against Johnson since the Louisiana Republican ascended to the Speaker's chair, and most of those bets have paid off.

1:48.3

The latest bet was that the spending bill text would be released Wednesday before midnight.

1:54.1

We won.

1:55.0

Barely.

1:56.0

But if all goes according to plan Friday, Johnson will have cleared a massive hurdle in his nascent

2:01.6

speakership, fully funding the federal government through fiscal year 2024. Now, let's not go crazy.

2:08.3

The fiscal year began nearly six months ago, so this achievement is pretty late. Johnson and his

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