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The Daily Punch

The shutdown should end today

The Daily Punch

Punchbowl News

News, Politics, Government

4.3707 Ratings

🗓️ 3 February 2026

⏱️ 9 minutes

🧾️ Download transcript

Summary

The government shutdown is set to end — but another funding cliff is already looming. Jake breaks down the latest and why DHS funding is headed for another fight in 10 days. Plus: The Clintons seek a last-minute deal to avoid being held in criminal contempt of Congress. Watch this episode on YouTube here! Punchbowl News is on YouTube⁠ ⁠Subscribe⁠⁠⁠⁠⁠⁠ to our channel today to see all the new ways⁠⁠ ⁠we’re investing in video.⁠⁠⁠⁠⁠⁠ 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

Presented by Electronic Payments Coalition. Community banks and credit unions know the truth.

0:07.0

The Durban Marshall credit card bill's so-called exemptions do not work, and the radical Durbin Marshall

0:12.0

price controls would hurt Main Street. After similar mandates were put on your debit card, fraud

0:17.2

attempts soared 17-fold, and research shows the mandates devastate credit access for working families.

0:23.7

That's why community banks and credit unions in all 50 states are opposed.

0:41.9

Good morning. I'm Jake Sherman, and welcome to Daily Punch, brought to you by Punchball News.

0:48.1

It is Tuesday, February 3rd, 2026. Let's get into the mix. Here are your Washington headlines of the day. Number one, the government shutdown should end today. What's next? Number two, the Clint cut a deal with house republicans to stave off a

0:57.0

contempt vote and number three virginia fighting muddies redistricting let's get into it well the shutdown

1:04.3

we hardly knew ye or something i guess um government shutdown which is a partial government

1:09.9

shutdown although a big one, this is like

1:11.6

70-something percent of the government, is likely to end at some point today.

1:15.4

The House is going to take up legislation to fund critical departments like defense, state,

1:21.1

health and human services, transportation, and others until the end of the fiscal year, and

1:26.2

DHS funding until next week.

1:28.7

Again, next week, this is 10 days away the next funding deadline.

1:33.2

We'll get into that in a second.

1:34.3

Donald Trump was able to convince Anna Paulina Luna and Tim Burchett to drop their blockade

1:40.1

of the funding bill.

1:42.0

They wanted to attach a voter ID provision to the funding bill, and that was

1:47.1

never going to work. The White House realized that, and they cleared out that objection after a meeting

1:51.8

at the White House. This should, and I'll stress, it should, should, should allow the chamber to

1:58.5

adopt a rule and then get on to voting on the funding package.

...

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