It is unlikely. A program like the New Deal requires increasing debt drastically. It is a system based on spending large loans on investments unlikely to return in a financially accountable manner. Take the Hoover Dam as an example, the government spent loans on building it, and it took fifty years of operation before the dam paid for itself. Incurring such a large long term debt, even for altruistic reasons and even if it might pay for itself, is unlikely in the current political climate.