Buildings and Sites
Bill Would Help Restaurant Biz Amid Economic Crisis
29 Sep 2020
News, Eau Claire
Since the pandemic began, the restaurant industry has lost more revenue and jobs than any other industry, according to a bill pending in Congress. U.S. Sen. Tammy Baldwin, D-Wis., recently co-sponsored the Real Economic Support That Acknowledges Unique Restaurant Assistance Needed to Survive (RESTAURANT) Act.
If passed, the bill would establish a $120 billion revitalization fund, helping the restaurant industry overcome the long-term economic challenges caused by COVID-19. The bill would also support the reemployment of 11 million independent restaurant workers. According to the Bureau of Labor Statistics, the restaurant industry currently faces an unemployment rate of 21%, with 6.1 million people out of a job.
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