Republicans draw 'red line' on increasing taxes to fund Biden's infrastructure plan

Republican leaders say they told President Joe Biden on Wednesday that they're drawing a "red line" on hiking certain taxes to fund the President's infrastructure spending proposal, an anticipated hurdle that has arisen during a crucial week for the White House's infrastructure priorities.

The discussion between the GOP leaders and Biden took place during the President's first bipartisan meeting with the top four members of congressional leadership at the White House.
Meeting attendees included Vice President Kamala Harris; House Speaker Nancy Pelosi, a California Democrat; Senate Majority Leader Chuck Schumer, a New York Democrat; Senate Minority Leader Mitch McConnell, a Kentucky Republican; and House Minority Leader Kevin McCarthy, a California Republican.