Photo: Win McNamee/Getty Images

As the coronavirus outbreak persists, President Trump tweeted Tuesday about a $2 trillion bill "focused solely on jobs and rebuilding the once great infrastructure of our Country!"

Why it matters via Axios' Jonathan Swan: Trump has long wanted to pursue massive debt-funded infrastructure. However, he’s faced resistance from congressional Republicans. In a crisis, perhaps, he can overwhelm them.

"With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill. It should be VERY BIG & BOLD, Two Trillion Dollars."
— President Trump tweeted

Between the lines: Trump never liked the idea of public-private partnerships, even though that's exactly what he proposed for his first infrastructure plan, according to sources who've discussed the deal with Trump.

  • The president referred to the public-private plan derisively as “Gary’s plan” — a dig at his former economic adviser Gary Cohn.
  • Trump was always more enthralled with spending big and dismissing the debt, especially if he could bully the Fed into making money cheaper.

Worth noting: The problem with Trump's infrastructure plan was not Democrats, who were aligned with Trump. The issue was Republicans, as the president faced a roadblock in the Senate. Many elected Republicans oppose raising new taxes to pay for infrastructure or adding new deficit spending to fund it.

The bottom line: Now the coronavirus crisis may have delivered Trump the political conditions to ram an infrastructure plan through.

Go deeper... Scoop: Trump's $2 trillion spending dream

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Updated 5 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:45 p.m. ET: 19,282,972 — Total deaths: 718,851 — Total recoveries — 11,671,491Map.
  2. U.S.: Total confirmed cases as of 9:45 p.m. ET: 4,937,441 — Total deaths: 161,248 — Total recoveries: 1,623,870 — Total tests: 60,415,558Map.
  3. Politics: Trump says he's prepared to sign executive orders on coronavirus aid.
  4. Education: Cuomo says all New York schools can reopen for in-person learning.
  5. Public health: Surgeon general urges flu shots to prevent "double whammy" with coronavirus — Massachusetts pauses reopening after uptick in coronavirus cases.
  6. World: Africa records over 1 million coronavirus cases — Gates Foundation puts $150 million behind coronavirus vaccine production.

Warren and Clinton to speak on same night of Democratic convention

(Photos: Abdulhamid Hosbas/Anadolu Agency via Getty Images, Sean Rayford/Getty Images)

Sen. Elizabeth Warren and Hillary Clinton both are slated to speak on the Wednesday of the Democratic convention — Aug. 19 — four sources familiar with the planning told Axios.

Why it matters: That's the same night Joe Biden's running mate (to be revealed next week) will address the nation. Clinton and Warren represent two of the most influential wise-women of Democratic politics with the potential to turn out millions of establishment and progressive voters in November.

Trump considering order on pre-existing condition protections, which already exist

Photo: Jim Watson/AFP via Getty Images

President Trump announced on Friday he will pursue an executive order requiring insurance companies to cover pre-existing conditions, something that is already law.

Why it matters: The Affordable Care Act already requires insurers to cover pre-existing conditions. The Trump administration is currently arguing in a case before the Supreme Court to strike down that very law — including its pre-existing condition protections.