Lowering Price of Joe Biden's Infrastructure Plan is GOP 'Red Line' for Advancing Bill: McConnell

President Joe Biden met with four congressional leaders at the White House to reach a compromise on an infrastructure plan Wednesday, but expectations for a quick deal are slim, the Associated Press reported.

Biden's infrastructure plan not only focuses on roads and bridges, but also to expand child care and other return-to-work priorities. He planned on funding his $4 trillion plan by increasing taxes on the wealthy and corporations.

Republican leaders told Biden they want a smaller deal of $800 billion—funded by gas taxes and other fees on users—and will refuse to reverse the 2017 corporate tax cuts to pay for it.

"That's our red line," Senate Republican leader Mitch McConnell of Kentucky said outside the White House. "There is certainly a bipartisan desire to get an outcome."

For more reporting from the Associated Press, see below.

This first formal Oval Office meeting for the group—and for Biden and McConnell—brought together the two deal-makers at a dramatically different political and economic time than in their past talks as Biden pushes his $4 trillion jobs and families proposals.

"When I ran, I said I wasn't going to be a Democratic president, I was going to be president for all Americans," Biden said at the start of the nearly two-hour session.

Referring to the gap between his ambitious proposals and what Republicans say they are willing to consider, the president said: "We are going to see if we can reach some consensus on a compromise."

Asked by a reporter how he expected to do that, Biden quipped: "Easy, just snap my fingers, it'll happen."

The gathering brought together Biden's top Democratic allies, House Speaker Nancy Pelosi of California and Senate Majority Leader Chuck Schumer of New York, as well as House Republican leader Kevin McCarthy of California. Vice President Kamala Harris sat next to Biden.

While it was the first such meeting of Biden's presidency, the setting drew a familiar White House scene of the powerful party leaders, who can make or break an administration's legislative agenda, formally arrayed around the president. The mood can be seen as friendly or tense. The last such encounter ended with Pelosi standing to confront then-President Donald Trump.

Biden, who was a longtime Delaware senator, and McConnell have traded expressions of friendship, but their ability to find political common ground seems limited. In a capital where Democrats hold control by the slimmest of margins, it's unclear whether they actually need each other to accomplish their political goals.

Infrastructure wasn't the only issue raised in the meeting.

McCarthy said he impressed on the president the need for changing environmental reviews so projects can be developed quickly.

"There's an opportunity we can work together," McCarthy said.

Republicans have balked at the size of Biden's infrastructure plan, which moves beyond roads and bridges to dramatically expand child care options and other return-to-work priorities, and his idea to pay for it with tax increases on the wealthy and corporations.

McConnell has indicated a much smaller package of no more than $800 billion, funded by gas taxes and other fees on users, is within reach for Republicans.

In recent days, Biden has opened the door to compromise, saying he was willing to negotiate the size of the overall investment and the tax increases to pay for it. He has suggested lifting the corporate tax rate from 21% to 28%. But Republicans view the 2017 tax law, which had lowered the rate from 35%, as their signature domestic accomplishment when they held power.

Just days before the meeting, McConnell said "100% of my focus is stopping" the Biden administration, a comment that evoked his pledge early in Barack Obama's presidency to make the Democrat a one-term president. Obama served two terms.

Biden has long showcased his relationships with Republicans and made his ability to work with the GOP central to his governing philosophy. But a growing number of Democrats believe it is wasted energy, given their view of the GOP as too often obstructionist.

Schumer said Wednesday any deal "must be big and bold to meet the changes in the world."

Biden's most notable dealmaking success with McConnell came in the Obama-era budget showdowns during the rise of the tea party. As vice president, Biden was a trusted emissary to Capitol Hill for Obama, who had a chilly relationship with McConnell.

But times have changed, and nearly a decade later it's an even more polarized environment.

White House aides were not surprised by McConnell's declaration of defiance this week but believe that some common ground is possible. Public polling suggests that the infrastructure plan, much like the $1.9 trillion COVID-19 relief law enacted in March, is popular with voters. But the COVID-19 bill did not receive a single GOP vote.

Steve Ricchetti, a senior White House adviser, said Wednesday's meeting is meant to "focus this conversation to where the priorities are and the space to find common ground." From there, he said, it will become clearer in coming weeks "when there will be a real accelerated and pretty comprehensive dialogue on all of the elements."

Biden and McConnell have so far had a relationship of necessity. What's unclear now is whether the president will need the senator's GOP votes or can muscle passage in the evenly split Senate where Democrats hold the majority because Harris can cast a tiebreaking vote.

Aides said Biden planned to stress that democracy itself is on trial and that the nation must prove it can take care of its own as it copes with the health and economic challenges from the pandemic.

The president has hosted a trio of key Democratic senators at the White House already this week, including moderate Democrats Joe Manchin of West Virginia and Kyrsten Sinema of Arizona; the White House needs to keep on board for the massive spending.

On Thursday, Biden was scheduled to meet with six Republican senators, including Senator Shelley Moore Capito of West Virginia, the top Republican on the Senate Environment and Public Works Committee, to hear their plans for a smaller and more narrowly defined infrastructure bill.

Aides said to expect Biden to host more Republicans in the weeks ahead of a soft Memorial Day deadline the White House set for gauging how feasible a bipartisan bill might be. Missing no opportunity, Biden buttonholed Louisiana senators John Kennedy and Bill Cassidy on an airport tarmac during a visit to their home state last week.

"I made the point—not exactly in these words—that everybody is for infrastructure, nobody is happy with crappy," Kennedy recalled of the conversation. "There's a way to do this deal—if the president will limit it to infrastructure and then let's have a frank discussion about how to pay for it."

Biden's response? "He listened," Kennedy said.