Biden-GOP Optimism on Infrastructure Tempered by Tax Divide (1)

May 12, 2021, 7:58 PM

President Joe Biden and Republican congressional leaders said Wednesday they see a narrow opening for compromise on infrastructure spending yet significant obstacles remain, particularly on tax increases sought by the administration.

Republicans indicated they’re unwilling to budge from their opposition to the scope of Biden’s plans or raising tax to fund them. That stance, and Washington’s hyper-partisan environment, hung over the first White House meeting with the four congressional leaders and leave little room for striking a deal on the president’s proposal.

Kevin McCarthy and Mitch McConnell
Photographer: Oliver Contreras/Sipa/Bloomberg

Biden acknowledged the ideological divide at the beginning of the nearly two-hour meeting, but said he would ...

To read the full article log in. To learn more about a subscription click here.