If you only paid attention to the words that tumbled out of his mouth, you might believe that Donald Trump was a successful real-estate developer, just like you might also think he’s a “stable genius” with a “winning temperament” who had a shot with Princess Diana. In reality, none of these things are true. In the wake of multiple bankruptcies, the Trump Organization shifted from developing properties on its own to licensing its founder’s name to others for multi-million-dollar fees, in what Forbes once called a “low-effort, low-risk, high-reward cash flow proposition.” With no capital on the line, Trump was free to sit back with a taco bowl, take a cut of the profit, and deal with none of the consequences if and when a project ran into trouble. And now, he wants to apply the same model to a $1.5 trillion infrastructure deal.

In his State of the Union speech last night, Trump said that he was “calling on Congress to produce a bill that generates at least $1.5 trillion for the new infrastructure investment we need,” noting that “every federal dollar should be leveraged by partnering with State and local governments and, where appropriate, tapping into private sector investment—to permanently fix the infrastructure deficit.” Previously, the administration had said it would put in $200 billion and would expect the private sector, along with state and local governments, to pony up $800 billion for a nice, round $1 trillion plan. Now they’re apparently going to have to dig a little deeper, for no other apparent reason than because Trump thinks $1.5 trillion sounds better. That might seem like a great deal for the federal government, except for the fact that by allocating a mere $200 billion—when you take the White House’s proposed infrastructure cuts into account, it comes out as even less—they’ll have to prioritize corporate profits over the actual needs of the public.

In order to get a return on their investment, which is—understandably!—the only reason private companies will want to get involved here, the government will naturally offer them lucrative tax breaks. But, as The Washington Post points out, unlike typical public-private partnerships wherein the government is the ultimate owner of the road or bridge constructed by a private company, it’ll all be under private ownership.