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The Daily Punch

The Readback: The all-night markup survival guide

May 17, 2025
Laura Weiss, a tax expert at Punchbowl News and co-author of Vault, dives into the House Ways and Means Committee's grueling 17-and-a-half-hour markup of the GOP tax bill. She shares insights from the late-night session, revealing the intense atmosphere and challenges during such marathon discussions. A heated exchange over the contested SALT Amendment highlights ideological divides within the Republican party. With a dose of humor, Weiss also recounts the amusing exhaustion of lawmakers, like a congressman dozing off mid-session.
15:24

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Podcast summary created with Snipd AI

Quick takeaways

  • Walmart's investment of $350 billion in U.S. manufacturing supports local economies and significantly boosts job creation across various communities.
  • The House Ways and Means Committee's late-night markup revealed deep partisan divisions, especially around contentious topics like the SALT deduction.

Deep dives

Walmart's Investment in American Businesses

Walmart is significantly investing in U.S. manufacturing, committing $350 billion to support small and medium-sized businesses across the country. This initiative has resulted in tangible benefits for companies like Athletic Brewing, which expanded its operations and employed 200 additional people due to its partnership with Walmart. By prioritizing products that are made, grown, or assembled in America, Walmart not only boosts local economies but also strengthens the workforce throughout the nation. The impact of this investment is a crucial aspect of fostering economic growth and job creation in various communities.

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