That it will likely be ignored.
Trump's latest submission was completed before the budget pact delivered the almost $300 billion increase above prior "caps" on spending. "We also fully support streamlining and expediting the process for permitting and siting energy infrastructure - including transmission, natural gas facilities and pipelines, hydroelectric facilities, and renewable energy facilities - to ensure that energy can get where it is needed, when it is needed".
Broadly, the plan envisions spending $200 billion to stimulate investment by states and businesses, with a goal of restoring roads, bridges and so on.
Others proposal are either inadequate or indefensible.
Gaetz made no mention of the infrastructure plan, but over the weekend his fellow caucus members were critical of Trump's spending increases and the trillions these would add to the deficit. And while Republicans will hide behind the same old talking points of fiscal responsibility and hard choices, it is clear that President Trump and Republicans are engaging in a coordinated effort to further enrich the wealthy at the expense of the middle class.
The president also highlighted an intention to return decision making authority to State and local governments with funds to be allocated to infrastructure projects they prioritize.
The unrestrained spending will spark a debt crisis, Reed said. "We're not advocating for them". It dangles all the tasty items conservatives like without the austerity they've claimed as one of their guiding principles.
Oil Rallies On Saudi Comments, Weak Dollar
Saudi Arabia plans to deploy 17 gigawatts of atomic power through 16 reactors by 2040. Mr Al Falih was reported to have replied, "That's why I'm here".
The president's spending outline for the first time acknowledges that the Republican tax overhaul passed past year would add billions to the deficit and not "pay for itself" as Trump and his Republican allies asserted.
On the domestic side, the budget slashes $263 billion over a decade for programs that help low-income families.
The tax bill that cut business taxes by 40 percent was a "great step forward with tax reform that leads to growth", Reed said, adding "with growth, you should take steps to get spending in order". But credit where it's due: On a problem Congress has avoided for too long, this plan offers a decent start.
Other savings come from limiting retirement and health benefits for federal employees, imposing a 2019 pay freeze on federal workers, and slowly moving to performance-based pay rewards.
"This will be a big week for Infrastructure", Trump tweeted on Monday.
"I want a parade like the one in France", Trump said at a January 18 meeting at the Pentagon, according to The Washington Post.
The long-awaited infrastructure plan, which was a top campaign promise from Mr. Trump in 2016, seeks $200 billion in new spending to leverage a total $1.5 trillion investment by state and local governments over 10 years.