Trump Approval Falls in First 100 Days, Raising Tax Plan Stakes
April 28, 2025
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9:41Now PlayingTrump Approval Falls in First 100 Days, Raising Tax Plan Stakes
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as posted by the channelNathan Dean, Bloomberg Intelligence Senior US Policy Analyst, breaks down GOP efforts to pass Trump's tax plan as lawmakers return to Washington and the gap between what Trump has promised and what Congress is likely to be able to deliver.
Voter discontent with President Donald Trump’s economic stewardship is sinking his popularity as he approaches the symbolic 100-day mark of his second term, ratcheting up pressure on congressional Republicans to pass his tax plan.
A flurry of polls in recent days from NBC, CNN, New York Times/Siena, ABC News and Fox News, among others, each reveal the same theme: Voters perceive Trump to be falling short on his core campaign promise to strengthen the economy. The president’s helter-skelter rollout of tariffs in early April sent global markets into shock.
A CNN poll released Sunday showed that just 39% of Americans approve of how Trump has steered the economy, the lowest of his two terms in the White House. An NBC News poll showed tariffs were also deeply unpopular, with just 39% of respondents agreeing with Trump’s tariffs rollout.
Early Monday, the president slammed the press for highlighting those numbers.
“We don’t have a Free and Fair “Press” in this Country anymore. We have a Press that writes BAD STORIES, and CHEATS, BIG, ON POLLS. IT IS COMPROMISED AND CORRUPT. SAD!,” he posted to his Truth Social account.
Trump rode the twin issues of the economy and immigration to his November election victory, sweeping each of the swing states and winning the popular vote.
He cast his elixir for improving the economy as two-pronged, one being the tariffs that he wagers will spur a US manufacturing renaissance and the other being the extension of his 2017 tax plan, but with added incentives, like no taxes on tipped wages or overtime and the ability for car buyers to deduct interest on the loans.
Republicans aim to pass the tax package through a process that wouldn’t require any Democratic votes, meaning that Trump along with House and Senate leadership has to keep the GOP members in lockstep in the face of voter angst. Crucially, posturing for the 2026 midterm elections will soon take hold.
“In terms of immediate electoral impact, no - Trump’s softening at the margins doesn’t threaten his leadership or standing within the party,” said Chris Wilson, a longtime Republican strategist. “Where it matters is in setting the broader tone for the GOP’s legislative and midterm posture.”
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