Restaurants could get another $40B financial lifeline from Congress
Story Date: 1/14/2022

 

Source: Lindsey McPherson and David Lerman, ROLL CALL, 1/12/22


A bipartisan Senate group is negotiating a bill to provide about $40 billion in fresh funding for pandemic-battered restaurants, Senate Small Business Chairman Benjamin L. Cardin said Wednesday. While the details aren't final, the Maryland Democrat told reporters that senators are considering an aid package for struggling businesses that could more than double the amount of pandemic aid funneled to restaurants, bars and others in the food service industry. “It’s pretty urgent to get done,” Cardin told reporters. “The problem is floor time and how do you get to it, and also making sure we have adequate bipartisan support.”

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