Biden sees infrastructure compromise, despite Republican 'red line' on taxes

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President Joe Biden held his first White House meeting with Republican leaders from Congress in search of common ground on his proposals to spend trillions of dollars on infrastructure, education and childcare

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In their first White House meeting since Biden, a Democrat, took office in January, Senate Republican leader Mitch McConnell and House of Representatives Republican leader Kevin McCarthy signaled a willingness to work with the president on infrastructure but drew the line at tax increases."I'm generically encouraged that there's room to have a compromise on a bipartisan bill that's solid and significant," he told reporters.

Biden's $2.25 trillion infrastructure bill and a $1.8 trillion education and childcare plan have faced sharp resistance from Republicans in Congress, with disagreements over the price tag, scope and funding proposals. Biden has expressed concern that such a model would hurt lower-income Americans. His investment plans, and intention to tax wealthy Americans and companies to cover the cost, are popular with voters from both parties.U.S. President Joe Biden delivers remarks on the April jobs report from the East Room of the White House in Washington, U.S., May 7, 2021. REUTERS/Jonathan Ernst/File PhotoNo Republicans voted for Biden's $1.9 trillion COVID-19 relief plan that passed in March.

"We have a different set of values. But what we did agree in the meeting is: Let's agree on what we're trying to achieve. And then we can talk about how we pay for it. Let's not lead with a disagreement. We'll find a way because the public knows that this is necessary," Pelosi told reporters.

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