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LIVE: House Speaker Nancy Pelosi Holds News Conference in Washington, D.C.
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May 13, 2021
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39:16Now Playing(May 13) Watch live as House Speaker Nancy Pelosi holds a news conference on Capitol Hill on Thursday, May 13, 2021, in Washington, D.C.
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.
Biden acknowledged the ideological divide at the beginning of the nearly two-hour meeting, but said he would see if he could “reach some consensus on a compromise” on his infrastructure proposal with the House and Senate GOP leaders, Kevin McCarthy and Mitch McConnell.
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