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The President often proposes a budget, but he cannot submit his own budget. Every budget bill must originate in the House of Representatives. So the President offers his budget to a Representative, who will then introduce the bill into the House.
A law when it is first proposed is a bill. When it passes both houses of the legislature and signed by the chief executive (governor or president) it then becomes a law.
The chief legislature is the role the President is fulfilling when the President proposes a highway construction bill to Congress and then pressures lawmakers to pass the proposed legislation.
As of June 2014, no U.S. President was nicknamed "Big Bill." William Howard Taft was nicknamed "Big Chief" and "Big Lub."
No one in the White House can limit the amount of time to debate a bill. The rules governing it are specific to the House and Senate, which are not part of the Executive Branch like the President (who lives in the White House).