WASHINGTON — Republican leaders drew a line Wednesday in negotiations with President Joe Biden on a massive infrastructure package, calling an increase to corporate taxes a "non-starter" and saying they're only willing to pay for physical infrastructure such as roads, bridges, airports and broadband expansion.
President Joe Biden speaks during a meeting with congressional leaders in the Oval Office of the White House, Wednesday, May 12, 2021, in Washington. From left, House Minority Leader Kevin McCarthy of Calif., Senate Minority Leader Mitch McConnell of Ky., Vice President Kamala, Biden, House Speaker Nancy Pelosi of Calif., and Senate Majority Leader Chuck Schumer of N.Y.
McConnell last week said he's "100%" focused "on stopping" the Biden administration. Senate Republican have proposed a $568 billion infrastructure counteroffer limited to only physical infrastructure. Although the GOP plan doesn't specify how to pay for the spending, Republicans have suggested user fees – something Biden flatly opposes.
Biden's plan would direct $174 billion to electric vehicles through the construction of a national network of 500,000 electric vehicle stations, replacing diesel vehicles, electrifying bus fleets and offering tax incentives and rebates to make electric cars more affordable. US President Joe Biden meets with members of Congressional Leadership to discuss policy areas of mutual agreement, in the Oval Office of the White House in Washington, DC, on May 12, 2021.
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