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The White House is seen from a nearby building rooftop in Washington, D.C. on May 4, 2023.
Where five of Trump’s biggest campaign promises stand, just before his 100th day
During the 2024 election campaign, US President Donald Trump made a plethora of ambitious promises to the American electorate and pledged to make them come true fast. He even suggested he’d be a dictator for a day to get them done. As he approaches the 100-day mark of his second presidency, GZERO assesses the extent to which he’s achieved his goals.
1. The swath of tax cuts – not yet
Wherever he went on the campaign trail, Trump seemed to make another promise about cutting taxes. He promised a crowd in Las Vegas that he’d end taxes on tips, told the Economic Club of Detroit in October that he’d make car loans tax deductible, and vowed to Wall Street leaders that he’d slash the corporate tax rate from 21% to 15%. Trump hasn’t yet achieved these goals, as only Congress can change the tax laws. Republicans on Capitol Hill are moving forward with the budget reconciliation process to amend these laws, but it’s not yet clear if the final bill will include all the specific tax cuts that Trump pledged.
2. The largest deportation effort in history – far from it
So much for this one. Despite all the furor over the deportation of alleged gang members to a Salvadoran prison, Trump can’t even seem to match former President Joe Biden’s deportation numbers: The current administration removed fewer migrants in February than its predecessor did 12 months earlier. That’s not to say the president’s rhetoric hasn’t had an impact: Border crossings have plunged since he returned to office.
3. Pardoning the Jan. 6 rioters – achieved on Day 1
This one didn’t take long: On his first day back in office, Trump absolved everyone involved in the Jan. 6, 2021, attack on the US Capitol, either by pardon, commutation, or case dismissal. The move appeared to surprise Vice President JD Vance, who said a week before the inauguration that those who committed violence would not receive clemency – the president duly overruled his second-in-command. Trump may not be finished yet, either, as he explores offering compensation for the pardoned rioters.
4. Ending the Russia-Ukraine war – not even close
A huge talking point for Trump and the Republican Party was that Russia’s invasion of Ukraine would never have happened under his watch. Moving a step further, the president pledged to end the war within 24 hours of returning to the White House. If the former “Apprentice” star really believed his own words, he’s now had a dose of reality, as the end of the war remains firmly out of sight. The Trump administration seems fed up and is now on the verge of abandoning the negotiations.
5. His pledge to “cut the fat out of our government” – yes, and then some
Tariffs aside, the defining story of Trump’s first 100 days has been his extraordinary cuts to the federal workforce. From effectively disbanding the US Agency for International Development and initiating the end of the Education Department to being on track to remove a third of the Internal Revenue Service staff, the president and his billionaire advisor, Elon Musk, have taken a chainsaw to the federal government. To this end, Trump’s longtime plan to “drain the swamp” is finally coming to fruition, pending certain lawsuits.
Senate Majority Leader John Thune (R-SD) speaks with reporters following the Senate Republicans' weekly policy lunch on Capitol Hill in Washington, D.C., U.S., March 11, 2025.
The GOP’s budget battle begins
Wait, didn’t Congress just pass a budget? Well, kinda.Two weeks ago, Congress passed a continuing resolution, a bill to keep the government’s coffers at current levels until the end of September. But that didn’t allocate additional funds for Trump’s legislative goals – like tax cuts and increases in border and defense spending – which require Congress to pass a budget reconciliation package.
Johnson wants to pass the reconciliation before Congress leaves for Easter Break in two weeks so that he can have the bill on Trump’s desk by Memorial Day.
Key details: Budget reconciliations only require a simple majority to pass. The Republicans have that in the House and the Senate, so they don’t need Democratic votes. The Byrd Rule limits what can be in the bill to just things that affect spending, which in theory keeps reconciliation from being used as a loophole for passing nonbudgetary policies without bipartisan support. Still, parties have been known to push the envelope to get things passed that wouldn’t otherwise.
But right now, each chamber is backing very different bills. The House’s includes $1.5 trillion in spending cuts – which many in the Senate worry will affect Medicaid – and $4.5 trillion for tax cuts. Meanwhile, the Senate’s bill is far less ambitious: It calls for less spending and fewer cuts and is heavily focused on defense, allocating $325 billion in new military and border security spending.
And the debt ceiling is looming. The House’s reconciliation package would increase the debt limit by $4 trillion, meaning that Congress would also have to vote to raise the debt ceiling, something that Senate Republicans have opposed in the past but may cave on, especially if Trump starts applying pressure to get the bill over the finish line.
UK Prime Minister Liz Truss
Britain on fire
British Prime Minister Liz Truss’ first few weeks in office have been a hot mess.
Markets are in a tizzy, the pound tumbled to a record low against the US dollar, and interest rates have surged. Unsurprisingly, Brits are increasingly disillusioned with their new government and Truss’ Conservative Party.
Truss’ month-long premiership has been dubbed the worst start to a new government in British history. How did she get here and what does this mean for her party — and British politics — going forward?
Growing pains. Much of the recent turmoil is linked to Truss’ contentious “high growth” economic vision, whereby she’s championed a slate of major tax cuts despite Britain’s inflationary woes.
Truss and Chancellor of the Exchequer Kwasi Kwarteng maintain that slashing taxes and deregulation will bring Britain's sluggish economy back from the dead. But they’ve failed to convince barely anyone that this is a hot idea amid a cost-of-living crisis.
As a result, Kwarteng announced at the Conservative Party conference this week that the government would ax a proposal to scrap the UK’s 45% tax rate for high-income earners. That sparked a massive backlash from … the PM’s own party.
But walking it back hasn’t been enough to calm the markets, says Mujtaba Rahman, Eurasia Group’s managing director for Europe. “The markets will not be calmed until Truss and Kwarteng put more flesh on the bones of their vague promises of supply-side reforms, including immigration, housing, childcare, financial services, agriculture, broadband, and diluting workers’ rights."
Internal Tory criticism has been varied. Some establishment Tory MPs say that Downing Street’s approach is out of touch because it requires the poor to pay for tax cuts for the rich. The party’s debt hawks, meanwhile, say Truss can’t cover the massive borrowing needed to fund the remainder of the tax cuts proposed in the recent “mini” budget.
Indeed, selling tax cuts to a party that is, well, very pro-tax cuts was supposed to be the easy part for Truss, who’s also proposed supply-side reforms – including slashing red tape and ditching a planned corporate tax hike – that could prove even more divisive. For now, at least, Truss says she isn’t backing down on the rest of her proposed agenda.
What Brits want. Truss and Kwarteng claim that they reversed course on the 45% tax rate after “listening” to the British people. But perhaps they need to come in a little closer to hear what British people really think about economic growth. In short: they couldn’t care less.
Around 38% of Brits (compared to 28%) think that “politicians focus too much on economic growth at the expense of other issues,” according to a poll by the Economist. What’s more, by a large margin — 53% to 16% – voters polled agree that “the government should spend more on health care and pensions, even if that means spending less on infrastructure and science.”
Credibility: Easy to lose, hard to get back. Truss’ credibility has taken a beating in recent days, both among the electorate and within her own party, only a third of which backed her bid in the final round of voting to replace former PM Boris Johnson.
Part of the reason for Truss’ diminishing status is the ill-conceived timing of her “go big or go home” pitch. As the war in Ukraine continues to disrupt global energy supplies, sending energy prices through the roof, more than 7 million British households are headed towards fuel poverty this winter, meaning they’ll spend at least 10% of their incomes on energy.
Unveiling an economic package that slashes taxes for those at the top makes for bad optics and even worse politics.
Truss tried to win over hearts and minds during her keynote address Wednesday at the Tory conference — where her options were not great. She didn't backtrack on additional parts of her economic agenda, which could be viewed as an admission of ineptitude. But standing firm on “growth, growth, and growth” might boost the chances of a parliamentary rebellion, with reports that some Tory MPs are already plotting with the Labour Party on how to block parts of the PM’s agenda.
“The chaos makes Truss’ speech [...] even more critical,” says Rahman. “MPs have been so furious at the way the government has gone about its early days that some have talked of Truss being gone by Christmas.”
For now, at least, the chaos continues.
Upheaval in UK: the sobering challenges facing new PM Truss & new King Charles III
In early September, in just 48 hours the UK got a new prime minister (Liz Truss) and a new king (Charles III, following the death of Queen Elizabeth II).
Both take over at a turbulent time in British politics, with no shortage of current and future challenges. To name just a few: a stagnant economy, sky-high energy prices, more Brexit fallout with the EU, and Scots demanding a fresh independence vote.
On GZERO World, Ian Bremmer speaks to former British PM Tony Blair (1997-2007), who believes there will be a lot of uncertainty over the next year or two if Truss insists on big tax cuts and big borrowing.
Blair also looks back at the queen's legacy and the future of the monarchy, explains why Brexit will hurt but probably not fragment the UK, and defends why we need to return to his comfort zone of the political center to fix today's problems.
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Tony Blair on Liz Truss & a post-Brexit UK on the brink
Despite sky-high inflation and a plummeting pound, the UK’s newly installed PM Liz Truss has introduced tax cuts — requiring a lot more government borrowing — that she says will boost the UK’s sluggish growth rate.
This approach, which could result in the Bank of England increasing interest rates even more to tackle inflation, is ruffling feathers in Westminster and negatively impacting markets around the globe. On the sidelines of the UN general Assembly, Ian Bremmer sat down with former UK Prime Minister Tony Blair on GZERO World to discuss Britain’s economic woes and recent change in leadership.
“I think it's going to be a very uncertain period over the next year or so,” Blair said. “And I talk to a range of different people about this, which is always a problem when you're trying to make economic policy in government, and no one agrees with each other.”
The two discussed whether this controversial approach of using tax cuts to spur growth might succeed in pulling a post-Brexit UK away from the brink.
But Blair believes growth depends upon more than tax cuts. “Personally, I think the big questions around growth, long term, for Britain are around the technology revolution, infrastructure, and education.”
Catch the full interview on GZERO World with Ian Bremmer, airing on US public televisionbeginning on Friday, Sept 30.
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