Please analyze the article below on this proposal 3.5 trillion U.S. dollar deal for infrastructure. What do you think and what is your opinion using a macroeconomics view and why?

Senate Majority Leader Chuck Schumer will force a vote next Wednesday, July 21, 2021, on advancing the bipartisan infrastructure package, a hardball tactic aimed at moving President Joe Biden's domestic agenda forward before the August 2021 recess.

"Everyone has been having productive conversations and it's important to keep the two-track process moving," Schumer said in a floor speech Thursday. "All parties involved in the bipartisan infrastructure bill talks must now finalize their agreement so that the Senate can begin considering that legislation next week."

The New York Democrat added that he is setting the same deadline for the Democratic to reach a consensus on a budget resolution setting up a $3.5 trillion social spending plan.

Schumer's timetable comes as the Senate's bipartisan infrastructure negotiators are unlikely to meet their own self-imposed Thursday deadline to resolve outstanding issues among members, according to two sources familiar with the talks.

While working groups within the cross-aisle group of 22 senators will convene again Thursday (July 15, 2021), members still need to resolve key disagreements over how to pay for the $1.2 trillion physical infrastructure deal that Biden supports. The bipartisan group met Tuesday evening and made progress, but a host of questions about spending priorities also remain unanswered.

Members of the group are racing to turn the bipartisan framework they announced last month into legislative text, and Schumer's deadline will only add pressure to wrap up the discussions. Schumer will take the first steps toward moving the bipartisan physical infrastructure proposal Monday, using a House bill as a legislative vehicle that would later be amended to reflect the Senate's bipartisan infrastructure deal. Even if a deal is clinched and the Senate votes to move ahead on the bill next week, it will likely take days or even weeks to finish its work on the bipartisan legislation because of intense desire to vote on amendments to a bill likely to win Biden's signature.

Speaker Nancy Pelosi, meanwhile, has vowed that the House will not move forward on the bipartisan infrastructure package until the Senate passes a budget setting upthe $3.5 trillion social spending package.Senior Democrats do not expect that calculation to change based on the Senate's latest moves. And with Democrats just starting to hash out the details of that party-line spending package, it could be weeks, if not months, before the House takes up the bipartisan bill. Both the physical infrastructure and social spending bills are top priorities for Biden, who attended a Senate Democratic caucus lunch Wednesday, July 14, 2021. But it's not clear yet whether the bipartisan infrastructure proposal can win the 10 GOP votes it would need to overcome a filibuster. Several Republicans have expressed concerns about its financing and are waiting for an official score from theCongressional Budget Officeonce the bill's text is completed. Senate Minority Leader Mitch McConnell has withheld judgment so far on the bipartisan plan, encouraging his members to view it as a separate effort from Democrats' $3.5 trillion bill.