TOO👏SMALL👏TO👏FAIL👏
11 million people across the U.S. are employed by restaurants – and there are hundreds of millions of workers up and down the food supply and delivery chain who depend on restaurants. Our businesses cannot fail. #SaveRestaurants
.@TomColicchio: “We want to work w/ [Congress] to understand the intricacies of our industry to create stimulus 2.0, 3.0, 4.0, 5.0. That's where IRC comes in. We can sit down w/ the members & walk through to craft a bill that is more responsive.” https://t.co/17b0ffRtAJ
Restaurants are biggest 🇺🇸 employer after govt. 15m workers + farmers, suppliers, delivery drivers. Congress and WH must keep the industry functioning to feed first responders, hospitals, elderly, &vulnerable. Thx for your leadership @tomcolicchio@IndpRestaurants@ChrisVanHollen
· No size limit eligibility attached to this income grant relief as many seemingly large restaurant groups are comprised of dozens of smaller operators, all facing the same catastrophic effects of closure due to COVID-19.
The Independent Restaurant Coalition proposes the following relief for the Restaurant Industry:
· 6 mo income replacement program valued at $440B, conditioned upon full & continued employment of all restaurant staff, rent payments to landlords, & ongoing payables to suppliers.
· An income-replacement grant program that allows us to pay our suppliers will empower these businesses in turn to pay their own, with a protective effect immediately felt up and throughout the supply chain.
· The economic activity generated by restaurants account for 4% of the nation’s GDP.
· The federal government can use the restaurant industry’s existing systems to
administer aid across the many concomitant businesses that rely upon us to stay afloat.
W/ the COVID-19 pandemic, restaurants are closed for business. As of today, up to 7 mil. people have been laid off, millions of our suppliers will have their bills go unpaid, creating a trickle down effect of economic damage to local restaurants & businesses that rely on them.