While the administration's proposals are far from a slam-dunk, they do carry a good deal of weight among lawmakers, say congressional experts. "You have to give pretty high regard to President Clinton's proposals, because they have a head of steam behind them that a typical legislative proposal doesn't have," says Ochsenschlager.
The Department of the Treasury recently pointed out that nearly half the tax measures previously proposed by the administration have passed. But experts say passing another tax bill this year won't be easy, since Democrats and Republicans strongly disagree on the direction of tax changes. Only time will tell whether a compromise will eventually be reached.