Good morning. I'm Anna Palmer. And I'm Jake Sherman. And welcome to The Daily Punch,

brought to you by Punchable News. It's Tuesday, April 22nd, 2025. Let's get into the mix. Here are your Washington

headlines of the day. Number one, we've got some news. The Trump administration readies the

ex-state for the debt limit. Number two, we've got the latest from The Vault and number three.

Democrat Haley Stevens is running for Senate in Michigan.

All right, Jake, let's get into it.

We are leading Punch Bull News AM with a really important top and some news here.

The Treasury Department next week will give Congress its estimate for when the federal

government exhausts its ability to borrow money according to

multiple sources close to the issue.

This is very, very important.

It's always important because raising the debt limit is difficult for Congress, but it's

even more complex this time around because Republicans in Congress and the Trump administration are

pushing for the debt limit to be part of reconciliation. Yeah, this is a big, this is big news.

And I'm not just saying that because we wrote it, but I am saying that because here's the thing.

So the debt limit, you know, the debt limit's a bit

of a black box. There have been estimates anywhere from May, which is the month that we are

nine days away from, to September on when we will hit the debt limit. And the Republicans

in Congress have put a debt limit increase in their reconciliation

bill. Why do they want to do that? Because they don't want to negotiate with Democrats. They want

to be able to raise the debt limit on their own terms. I understand that. I think it's a smart,

it's a smart tactic. But the problem becomes that puts a time, it puts a deadline on their reconciliation bill. Now, you could play that both ways. You could say that's smart because otherwise the reconciliation bill has no timeline. And you could say that's silly because it puts an artificial timeline on a very complicated process. One of my maxims about covering Congress and about dealing with Congress is adding something

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