Congressional Democrats are negotiating with Republicans for up to $1 trillion in state, county and local government aid in a CARES Act 2 bill that would include some infrastructure spending such as broadband. County governments would receive their own separate allocations of federal aid. “So we may have three tranches, state, county, because many counties deliver health services and the rest and then the municipalities,” Speaker Nancy Pelosi, D-Calif., said at her weekly news conference Thursday. Pelosi also for the first time said that the aid for state and local governments might approach $1 trillion.
(Read more: The Bond Buyer)
