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The Daily Punch

The race for reconciliation

The Daily Punch

Punchbowl News

Politics, Government, News

4.3707 Ratings

🗓️ 10 February 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

House Republican leaders are looking to cut federal spending by $2 trillion to $2.5 trillion as part of their reconciliation push. Plus: The latest on Trump's Cabinet nominees. Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter at punchbowl.news. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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

0:23.6

is fueling America's workforce by visiting walmart.com slash America at work. Good morning. I'm Anna Palmer.

0:43.6

And I'm Jake Sherman.

0:44.7

And welcome to The Daily Punch, brought to you by Punch Bowl News.

0:47.5

It's Monday, February 10th, 2025.

0:50.5

Let's get into the mix.

0:51.5

Here are your Washington headlines of the day.

0:56.0

Number one, the race for reconciliation.

1:03.0

Number two, a big push on noms. And number three, Senate Republicans look to the magic number of 55.

1:14.5

All right, Jake, happy Monday morning. We are focused on the Republican effort this week to make some headway on reconciliation.

1:28.4

In particular, House Republican leaders are looking to cut federal spending by $2 trillion to $2.5 trillion as part of their reconciliation push, according to multiple sources familiar with the talks.

1:33.8

That means they are now looking to dig deeper into Medicaid spending to meet those targets,

1:36.9

including potentially cutting benefits for enrollees.

1:43.8

This could get very complicated, very fast, and kind of puts into the mix an even more challenging environment for Speaker Mike Johnson.

1:47.0

As Senate Republicans look to make their own move because they're frustrated by the delays that House Republicans continue to face here.

1:55.6

Yeah, first of all, let's say congratulations to the Eagles.

1:59.2

We have two Eagles fans on our staff, at least,

2:03.7

and on the editorial side, Laura Weiss and Andrew Dissadero, whatever, what a stupid Super Bowl that was.

2:14.3

But let's talk about where we are on reconciliation.

...

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