Now that the 100-day mark has passed, the next big milestone for President Donald Trump will be to pass what he calls his “big beautiful tax bill.”
Unlike the flurry of executive orders he’s signed already, this time he will have to get Congress to cooperate. And unlike past presidents who had good working relationships with the leaders of the House and Senate, he’s likely to be more of a bystander.
In fact, the self-proclaimed dealmaker will likely not make a deal at all, instead hedging his bets so that he can take credit or lay blame when it's convenient.
The biggest problem is money. Eager to win over voters on the campaign trail, Trump made many grandiose — and expensive — campaign promises, including eliminating taxes on tips, overtime pay, and Social Security benefits, making his 2017 tax cuts permanent, and even raising the cap on state and local taxes (SALT) from that previous bill.
Offsetting any of these would require finding some unpopular spending cuts or raising taxes elsewhere, which makes them tricky enough. But it’s the SALT cap promise that may be the undoing of Trump’s first real legislative effort.
Read Susan Del Percio’s full column here.