President Joe Biden’s $2 trillion infrastructure plan has been roundly criticized by Republicans as a boondoggle and a gimmick intended to ram through Democratic wish lists on green energy, healthcare, broadband, and more.

The plan includes “Green New Deal”-like policies to shift America to net-zero carbon emissions through massive subsidies for wind and solar and battery storage, while largely leaving out other promising renewable energy sources such as hydrogen. Critics fear that the plan would dramatically change America’s economy and risk wiping out the gains from the Trump administration’s economic policies while weakening the natural gas and fossil fuel industry. The Biden plan also leaves out any realistic discussion about how this package of trillions of dollars in spending would be paid for. Except, that is, for raising the corporate tax rate to a level that would represent the highest of any country in the G-7!