We’re incredibly proud to share that today, Congressman Earl Blumenauer from Oregon unveiled a plan that would establish the Independent Restaurant Stabilization Fund we’ve been fighting for.
In a white paper released today, the Congressman outlined plans to introduce The RESTAURANTS Act of 2020, which would create a new $120 billion grant program to provide structured relief to independent restaurants through 2020. We won’t be returning to normal anytime soon, and for independent restaurants, the Paycheck Protection Program is like building a bridge that doesn’t reach across the water. A stabilization fund will reach the other side and get us through this crisis. It’s the only way to ensure restaurants can quickly afford to reopen and re-employ 11 million Americans.
This proposal is a direct result of our collective hard work and dedication — not to mention a massive step forward in the fight to save independent restaurants. Together, we’ve sent thousands of emails to Congress, revealed the plight of our industry to Americans across the country, and positioned the IRC as a key voice in this fight.
What we’re doing is working. Our voices are being heard by critical changemakers, and we’ll do everything we can to see this legislation through. Thank you for everything you’ve done to get us here.