White House Press Secretary Jen Psaki holds a press briefing on Thursday. President Joe Biden wants Republicans to increase the spending in their infrastructure plan ahead of Friday talks that will shape whether Washington can pass a bipartisan bill to upgrade transportation, broadband and water systems. During a Wednesday meeting, Biden told GOP Sen. Shelley Moore Capito he wants the plan to include $1 trillion in new spending — or above the baseline set under existing policy, NBC News reported. While Republicans most recently sent Biden a $928 billion counteroffer, it included only about $250 billion in new money. » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC #CNBCTV White House Press Secretary Jen Psaki holds a briefing with reporters — 6/3/2021