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I know they will be borrowing to spend, they can't very well tax and spend, and there's no surplus like when Bill Clinton left office.
And I agree that some spending will be outright wasted and other spending will be less effective. The FDR "First 100 Days" model was to launch multiple schemes simultaneously and then abandon less effective stimuli and increase what worked. What we'll be seeing is very similar - many iniatives, launched at once.
Inflation is always a risk - but we're in a deflationary cycle for now. To spend too little, or to try only one or two things at a time, and then wait for results, is a bigger risk because then you could be headed for a more protracted and deeper recession, in my opinion.
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