Republicans may be ready to back as much as $900 billion in infrastructure spending, according to a senior senator, though that would still be less than half of President Joe Biden’s proposal. “There’s a deal to be done on infrastructure, I think,” South Carolina Senator Lindsey Graham said on “Fox News Sunday.” Rather than an increase in the corporate tax rate to 28% that Republican flatly reject, he suggested “to not pay for some of the infrastructure spending, because I think it over time pays for itself.” Democrats and Republicans are laying down markers while sounding out bipartisan approaches to Biden’s $2.25 trillion plan before it’s taken up by Congress. The administration needs every Democratic vote in a Senate split 50-50. The president plans to address Congress on Wednesday night, a speech likely to focus on a second, longer-term economic recovery plan that goes beyond projects regarded as quintessential “infrastructure” to expanding social safety-net programs. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake